Last week, the National Association for the Self-Employed submitted the following statement for the record to the Senate and House Small Business Committee following a joint hearing on the Tax Cuts and Jobs Act extension that Congress is currently considering.
Posted on
Apr 15, 2025
In a letter to Congressional leaders, NASE along with dozens of other organizations, urged Congress to enact financial relief for family caregivers by including the bipartisan, bicameral Credit for Caring Act (S. 3702/H.R. 7165 in the 118th Congress) in any tax legislation you advance in the 119th Congress. This legislation would create a new, non-refundable federal tax credit for eligible working family caregivers to help address the financial challenges of caregiving.
Posted on
Jan 08, 2025
The Internal Revenue Service (IRS) recently announced that for the 2024 tax year, the 1099-K reporting threshold will remain at $5,000.
Posted on
Jan 08, 2025
The NASE called on Congress to replenish critical disaster funds to support small businesses impacted by Hurricanes Milton and Helene, which devastated communities and businesses.
Posted on
Oct 29, 2024
In a letter to congressional leaders, NASE along with its fellow small business organization and associations, called on Congress to reach an agreement to fund the government through December 20th.
Posted on
Oct 23, 2024
On January 31, the House in an overwhelming bipartisan vote of 357-70 vote passed the Tax Relief for American Families Act. We anticipate that the Senate will follow suit and consider the package after the President's Day recess.
Posted on
Feb 02, 2024
In January, data released showed a historic 3 year trend in small business starts with over 16 million new small businesses created.
Posted on
Jan 22, 2024
As a major advocate for bipartisan legislation in Congress to relieve the burden of a new law requiring 1099-K reporting requirements for small businesses and solo-entrepreneurs engaging in the online marketplace, the National Association for the Self-Employed (NASE) celebrated today’s announcement by the Internal Revenue Service (IRS) delaying the reporting requirement for third-party platform payments for the 2023 tax returns.
Posted on
Dec 07, 2023
NASE joined the 13 leading small business organizations in calling on Congress to avoid a government shutdown, "We collectively represent millions of small business owners and entrepreneurs who stand to suffer severe consequences to their livelihoods in the event of a government shutdown. We urge Congress to take swift action to reach a bipartisan solution to fund the government and avoid a shutdown that would cause unnecessary harm to small businesses that continue to grapple with rising costs and a challenging post pandemic economy."
Posted on
Sep 29, 2023
NASE joined the leading small business organizations to call on Congress to fully fund the federal government for FY24.
Posted on
Sep 29, 2023