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Small businesses look to Congress for action, may be waiting

The Washington Post
Topics:
Healthcare, Taxes

Depending on the election results, slow progress on small business issues could last into in 2017. Owners might want to consider just moving ahead, says John Arensmeyer, CEO of the Small Business Majority.

“I don’t think they should be waiting around to make business decision based on who’s going to get elected,” he says.

Estate Tax Anniversary: No Big Deal for Small Businesses

The Huffington Post
Topics:
Taxes

September 8 marks the centennial of the estate tax, which establishes a tax on certain estates that are transferred as inheritance. To mark the occasion, we’ll likely see many pundits calling for the abolition of this tax and knocking its impact on small businesses. But the reality is that the estate tax, which only applies to estates valued above $5.4 million, impacts very few small businesses. Instead of worrying about a tax that affects only the very wealthy, we should take this time to focus on the real tax issues that hurt small businesses - like inversions and other loopholes that...

This Can't Wait: Being Prepared

Columbus CEO
Topics:
Family Medical Leave

Small business owners could experience disaster around family and medical leave for their employees if they’re not prepared. Small Business Majority and the Center for American Progress team up for a Sept. 12 panel discussion about proposed policies and how they might affect small businesses. Alaina Scherer founded her digital marketing firm in part out of concerns with unequal application of pay, scheduling and family leave.

Letter: Obamacare benefits small business

Springfield News-Leader
Topics:
Healthcare

A recent article discusses Aetna’s announcement that it will no longer participate in the Affordable Care Act’s (ACA) health insurance exchange in Missouri. But while this decision presents a challenge to the exchange market, it’s important to remember that they still offer unique advantages — especially for our small businesses and entrepreneurs.

Prior to the implementation of the ACA, many aspiring entrepreneurs were stuck in their jobs and unable to start businesses because they needed their employer-sponsored health insurance. With the launch of the exchanges, people now have...

Health care win for small business

Orange County Register
Topics:
Healthcare

For a company of any size, choosing insurance for its employees can be complex. It tends to be even more so for businesses with limited resources that must be aware of all of the different tax laws related to employer coverage, and then factor in the needs of all workers and dependents. As David Chase, health care policy director for the Small Business Majority, a national small business advocacy group, summed it up, “If you’re a small-business owner, you know how to provide your product or service. But when it comes to health insurance, it’s a very foreign concept.”

Letter: Obamacare benefits small business

Cincinatti.com
Topics:
Healthcare

A recent article discusses Aetna’s announcement that it will no longer participate in the Affordable Care Act’s (ACA) health insurance exchange in Missouri. But while this decision presents a challenge to the exchange market, it’s important to remember that they still offer unique advantages — especially for our small businesses and entrepreneurs.

Prior to the implementation of the ACA, many aspiring entrepreneurs were stuck in their jobs and unable to start businesses because they needed their employer-sponsored health insurance. With the launch of the exchanges, people now have...

More on the cover story: Banks shouldn't be the first stop when seeking small-business financing​

More on the cover story: Banks shouldn't be the first stop when seeking small-business financing​
Topics:
Access to Capital

In the wake of the Great Recession, federal lawmakers approved a massive overhaul to banking regulations that made it tougher to get a small business loan.

And in the years that followed, banks were viewed as the tight-fisted bad guys to stingy to loan money to small businesses.

But small businesses, especially startups, have always been risky business for banks, even before the recession. So, following the recession, Colorado banks launched an offensive blitz, partnering with nonprofit agencies to talk with small businesses about their options — even if it’s not the bank....

Employer-Sponsored Benefits: Can Policy Keep Up With the Shifting Landscape?

The Pew Charitable Trusts
Topics:
Healthcare, Retirement, PSD/Benefits

The second conversation of the day featured Holly Wade, National Federation of Independent Business; James Klein, American Benefits Council; and Erik Rettig, Small Business Majority and was moderated by Kimberly Adams, Marketplace. This panel focused on the comparative experiences of small and large employers in offering benefits. Klein indicated that many businesses, particularly large employers, are starting to design benefits packages that include not only traditional offerings but also options such as long-term care insurance. Building on Klein’s comments, Rettig and others suggested...

Colorado Enterprise Fund is leaning in to help small business​

Denver Business Journal
Topics:
Access to Capital

When Ceyl Prinster, president and CEO of Colorado Enterprise Fund, drives around the state and sees “open for business” signs, she can’t help but smile.

She’s headed up the fund, which is a Community Development Financial Institution and makes micro and small business loans, for 29 years. Colorado Enterprise Fund started with an eye on the core of Denver in an effort to help improve the economy.

Over the years, the private, nonprofit organization expanded its reach to all of metro Denver and then statewide. In 40 years, it has loaned $52 million to 1,800 small businesses....

But Do They Mean It?​: T​ax experts dig into the presidential candidates’ tax plans

Accounting Today
Topics:
Taxes

Both the Clinton plan and the Trump plan envision spending more money on infrastructure, according to John Arensmeyer, founder and chief executive of Small Business Majority. “We feel this is great for small business,” he said. “The difference is that Clinton has a series of proposals that are paid for, whereas the Trump proposals are not. When we analyze the Trump plan, it would add $9.5 trillion to the deficit over the next decade.”

Health care exchanges still have plenty to offer

The Frederick News-Post
Topics:
Healthcare

Recent coverage discusses Aetna’s announcement that it will no longer participate in the Affordable Care Act’s (ACA) health insurance exchange in Maryland. But while this decision presents a challenge to the exchange market, it’s important to remember that the exchange still offer unique advantages – especially for our small businesses and entrepreneurs.

Prior to the implementation of the ACA, many aspiring entrepreneurs were stuck in their jobs and unable to start businesses because they needed their employer-sponsored health insurance. With the launch of the exchanges, people now...

Health care exchanges still have plenty to offer

Frederick News-Post
Topics:
Healthcare

Recent coverage discusses Aetna’s announcement that it will no longer participate in the Affordable Care Act’s (ACA) health insurance exchange in Maryland. But while this decision presents a challenge to the exchange market, it’s important to remember that the exchange still offer unique advantages – especially for our small businesses and entrepreneurs.
Prior to the implementation of the ACA, many aspiring entrepreneurs were stuck in their jobs and unable to start businesses because they needed their employer-sponsored health insurance. With the launch of the exchanges, people now...

Beverly Hanstrom turns medical waste into confetti​

Denver Business Journal
Topics:
Clean Energy, General Small Business

Beverly Hanstrom saw a problem in medicine and she’s finding a way to open people’s eyes about it and find a solution.

“Head on. No fear,” says Hanstrom on her approach to business. “There’s always going to be challenges and obstacles but if you’re passionate about it and you have perseverance and you believe in what you’re doing, it’s just one foot in front of the other.”

The medical community uses the same sterilization and disposal practices that have been in place for more than 50 years, using autoclaves and incinerators that can pose a hazard to public health and the...

PEPI JACKSON: Securing choice in retirement

Press Enterprise
Topics:
Retirement, PSD/Benefits

Many Americans are far less prepared for retirement than they were 30 years ago, and that particularly applies to small business owners and their employees. A vast 7.5 million Californians working in private-sector jobs don’t have access to an employer-sponsored retirement plan, and 66 percent of these individuals work for a small business. Many African Americans work for or own a small business, and with more than 1.2 million minority-owned small businesses in California the retirement gap disproportionately affects African American communities. Senate Bill 1234, which will create the...

Quimby Transfers 87,000 Acres Planned for National Monument to US Government

Maine Public Broadcasting Network
Topics:
Public lands

No one has studied the potential impact of the new monument on Maine, but monuments in other states have helped their communities. A study performed by the national advocacy group Small Business Majority indicated that 10 monuments created by the Obama administration have had an economic impact of $156 million since he began designating them in 2011.

More small, midsized firms choose to pay workers’ medical costs directly

Skagit Valley Herald
Topics:
Healthcare, PSD/Benefits

But any savings a company might achieve come with financial risks. Employers that self-fund typically buy stop-loss insurance to protect them if employees have higher-than-expected health care claims. But such coverage isn’t guaranteed and may only be available to firms with healthier employees, said John Arensmeyer, CEO of the Small Business Majority, an advocacy group that focuses on companies with fewer than 100 workers.

“Our concern is, is it really appropriate for a business of that size to be taking the risk?” Arensmeyer said. “They’re simply taking themselves out of the rules...

Great News!! President Obama Keeps Maine WILD

Sustainable Business
Topics:
Public lands

President Obama has protected more land and water than any other - more than 265 million acres. These generate an annual $156 million in economic benefits to the communities that surround them, according to a study by the Small Business Majority.

Small businesses suffer from state's crisis

Daily Herald Online
Topics:
Access to Capital, Taxes

Local small businesses, including the self-employed, are a vital solution to Illinois' economic growth. They create two-thirds of all new jobs annually and drive local economic sustainability.

Support for small businesses is essential, yet Illinois' budget woes, even with a stopgap budget, threaten to cut off essential services for small businesses by closing Small Business Development Centers around the state.

Since the 1970s, Illinois SBDCs have provided free consulting and low-cost training assistance for small businesses. Unfortunately, nearly 20 percent of...

Campaign underway to turn Sierra National Forest into national monument

Fresno Bee
Topics:
Public lands

Wulff says a monument would increase tourism and jobs. Some studies have shown that to be the case, including one recently released that was commissioned by the Small Business Majority. The study evaluated 10 areas near national monuments from 2011 to 2015 that drew an estimated 3.9 million people. The authors reasoned that non-local visitors, most likely drawn to the areas because of nearby monuments, spent about $129 million, and local visitors spent about $51 million.

For Wisconsin Small Business Owners

Milwaukee Wisconsin Journal Sentinel
Topics:
Healthcare

This webinar, featuring the U.S. Small Business Administration and Small Business Majority, will focus on what the healthcare law means for small businesses and the self-employed in Wisconsin. It will focus on both federal and state provisions to help local small business owners understand how the law will
affect them. Topics being discussed include:

Small business tax credits (available to businesses and
tax-exempt non-profits) -- who's eligible for them and how to claim them
Consumer protection provisions
Health coverage plan options
Essential...

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