Small Businesses Argue Against Tax Mandate in American Rescue Plan

PHOENIX, Ariz. – The NFIB Small Business Legal Center filed an amicus brief in the case Arizona v. Yellen at the Ninth Circuit Court of Appeals supporting Arizona in its challenge to the provision in the American Rescue Plan Act of 2021 that would prevent states from using funds for tax relief, directly or indirectly. “Congress passed the American Rescue Plan to help lessen…

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NFIB Industry-Specific Small Business Economic Trends Report

Quarterly update on the construction, manufacturing, retail, and services industries WASHINGTON, D.C. — The NFIB Research Center released a quarterly Small Business Economic Trends industry report highlighting the construction, manufacturing, retail, and services industries. NFIB’s July Small Business Economic Trends report showed the overall Optimism Index at 99.7. “Small businesses are working hard to recover from the pandemic while…

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NFIB Tax Survey: High Taxes Remain a Significant Burden on Small Businesses

RALEIGH – The NFIB Research Center recently released a new tax survey of small business owners assessing their biggest tax challenges, implications of potential changes to the tax code, and how tax policy impacts business operations. Most notably, federal income and payroll taxes are significant costs and administrative burdens for small businesses. “High tax rates have been a long-standing concern…

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NFIB Small Business Legal Center Moves to Block Federal Prohibition on State Tax Cuts

The American Rescue Plan (ARP) passed by Congress in early-March provided much-needed relief for the small business community. NFIB has written about the positives of ARP, including the extension and expansion of the Employee Retention Tax Credit, extension of the Families First Coronavirus Response Act (FFCRA) paid leave tax credit, creation of the Restaurant Revitalization Fund (RRF)…

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OPINION: Broadband Needed for Small Business to Succeed Statewide

by Gregg Thompson Running a small business isn’t easy in the best of times, and these aren’t the best of times. Social distancing and concerns over spreading COVID-19 forced many small businesses to try to connect with customers online rather than in person, but here’s the catch:  Some businesses can’t easily do that.  I grew…

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NFIB says NC COVID-19 Relief Package Should Do More for Small Business

NFIB State Director Gregg Thompson says small business owners are concerned about HB196, a $1.7 billion COVID-19 relief bill he says could do more to help North Carolina’s small businesses. “It’s a step in the right direction, but it doesn’t do enough to help the employers who have really taken a beating during the pandemic,” Thompson said.…

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Small Business Optimism Improves Slightly in February

Owners work to stabilize business among COVID-19 regulations and weather complications WASHINGTON, D.C. – The NFIB Small Business Optimism Index rose to 95.8 in February, a slight bump from January but still below the 47-year average reading of 98. The NFIB Uncertainty Index decreased five points to 75. “Small business owners worked hard in February to overcome…

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