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Q&A with Katie Wonnenberg of the NASE (CQ Roll Call)

As vice president for government relations and public affairs at the National Association for the Self-Employed (NASE), Katie Wonnenberg leads the association’s federal advocacy and communication strategy in representing the 23 million self-employed and micro-businesses across the country. In today’s Q&A, she discusses key advocacy strategies she’s employed at NASE, including how best to keep members motivated when it seems like nothing is happening on Capitol Hill.

Sep 25, 2015

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7 Fundamentals Of Growing Your Business

You’re in business for yourself. And it’s an exciting ride! You want to prosper and grow your business. Have you ever thought about what steps to take to strategically grow your business? 1. SET GOALS Write it down. What are your financial goals for the year? The quarter? Break down how you will achieve these goals. How many widgets do you need to sell? Or how many insurance policies do you need to write? Put your goals in a frame in a place where you can see it throughout the day.

Sep 23, 2015

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Does Forming an LLC Reduce My Taxes?

Q: As a real estate agent for residential property, should I form an LLC to reduce my taxes? A: The easiest and quickest answer to your question is simply NO! The first key point to consider is that the form of entity under which you choose to operate will not have a material impact on your overall income tax liability.

Sep 23, 2015

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Applying Self-Employment

Russel Edwards is the owner of Major Appliance HQ, a family owned and operated appliance business for 40 years located in Chuckey, Tennessee. Major Appliance HQ serves the local community not just as a place where customers can purchase appliances for their homes but also rely on to install and service their appliances properly.

Sep 23, 2015

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DOL New Overtime Rule Impacts Small Business

Under a proposed rule issued by the Department of Labor, millions of exempted employees would become eligible for overtime and would raise workers’ wages by $1.2 billion in a plan outlined by Secretary Perez. The salary threshold for an employee to be eligible for overtime would be raised to about $970 week/$50,440 annually and the threshold for highly compensated employees would move from $100,000 to $122,148.

Sep 23, 2015

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National Association for the Self-Employed Awards Second-Quarter Small Business Growth Grants

Three small businesses have been awarded $12,000 in Growth Grants from the National Association for the Self-Employed (NASE), the nation’s leading advocate and resource for the self-employed and micro-business community. Earlier this year, NASE announced they would be expanding their Growth Grant program to award over $48,000 in small business grants in 2015, an increase from the $20,000 awarded in 2014.

Sep 22, 2015

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Self-Employment in the U.S. (C-SPAN)

NASE's President and Chief Executive Officer Keith Hall sat down with C-SPAN to talk about policy issues affecting self-employed workers in the U.S.

Sep 08, 2015

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10 Things You Need To Know When Starting A Business

Owning your own business can be a very rewarding experience. Conducting diligent research prior to venturing into entrepreneurship, utilizing available resources, and keeping a close eye on the financial picture will enhance your chances of operating at a profitable level. The U.S. Small Business Administration classifies a small business as a venture with fewer than 500 employees. According to the U.S. Census Bureau, that accounts for 99.7% of all businesses in the United States.

Aug 18, 2015

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Business Deductions

Q: I just started my new small business and was looking for a list of what is deductible and what isn’t. Does such a list exist? A: The question is a very good one, but also one that I don’t like to answer. The first key point is that any ordinary and necessary expense that you incur in facilitating your trade or business is deductible. If you pay for a license or a sign, business cards or thank you cards, file folders or file cabinets, air fare or restaurant fare, it’s always deductible if the primary purpose of the expense is business. Be careful reading from a list provided by your CPA or even the IRS that might lead you to spend money that you don’t really need to spend.

Aug 18, 2015

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Feeding Self Employment

Bridgette John is the owner of Get Snackin Las Vegas, a locally owned, family operated vending company delivering top-notch vending solutions to customers in Las Vegas, Nevada and the surrounding area. Bridgette transitioned her past experiences with customer service in the restaurant and catering industry to owning her own business in the vending industry. Get Snacking Las Vegas now services four locations with seven machines and is looking to place three more within this next year.

Aug 18, 2015

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