Publications & Resources
Legislative Updates

Current SBLC Bulletin - July 26, 2010
- Click here for past postings ...
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FREE IRS Webinar on Tax Provisions of the Affordable Care Act (ACA) on September 9, 2010

Learn about the tax provisions of the Affordable Care Act (ACA - recent health care legislation) at a FREE IRS Webinar on September 9, 2010 at 2 p.m. Eastern.

The IRS's Small Business/Self-Employed Division is presenting this FREE Webinar especially for small business owners and the self-employed. Learn about Affordable Care Act's current tax provisions and where to find future updates.

Click here to register for this informative presentation.

To get the latest IRS news and products and services, subscribe to e-News for Small Businesses on IRS.gov click here - and click "Subscribe Now" at the bottom of the page and enter your e-mail address.

Read the SBLC summary of the new Health Care Reform legislation click here ...

Read about the SBLC effort to repeal new law, effective in 2012, that will require ALL businesses to issue a 1099 form to EVERY vendor to whom the business pays $600 or more per year for any services or property. Click here to download pdf with details.
For updates, go to http://www.stopform1099.org/#

LEGISLATIVE ALERT ...

PERMANENT ESTATE TAX RELIEF NOW COALITION
(September 18, 2009)

We call on Congress to act now to provide estate tax planning "peace of mind" for all small business owners by enacting permanent estate tax relief. Specifically, Congress should adopt a permanent individual "exemption" of $3.5 million (indexed for inflation) from the estate tax and a top marginal estate tax rate of 45 percent.If Congress does not act, the estate tax will be repealesd for one year and re-instated thereafter in a more devastating form. A temporary one year extension of the current temporary levels will not help small businesses. What does it mean for a small business owner? The answer is continuing with expensive and extensive estate tax planning.Said, John Satagaj, President of the Small Business Legislative Council, on behalf of the coalition: "While there are a lot of statistics being tossed around about the number of small businesses potentially affected by the estate tax, at the end, the issue is as much a matter of prudent business management. How many decisions does a small business owner make so that the estate tax does not destroy the business later? Too much time and too many resources are spent on trying to avoid a problem later. That is as important as the number of businesses that actually close because of an estate tax assessment."Satagaj continued, "The second issue is uncertainty. What small business owner is going to fire all of his or her estate tax planners, as long as there is any doubt about whether there is a potential problem down the road. Passage of permanent relief will allow them to make prudent and confident decisions. Given the current economic conditions facing small businesses today, this certainty is needed now to eliminate dollars being thrown away on unnecessary legal fees and estate planning."Members of the Coalition:Air Conditioning Contractors of America
Alliance of Independent Store Owners and Professionals
American Nursery and Landscape Association
American Subcontractors Association
Electronics Representatives Association
Hearth, Patio & Barbecue Association
National Association of RV Parks & Campgrounds
National Electrical Manufacturers Representatives Association
North American Retail Hardware Association
NPES - The Association for Suppliers of Printing, Publishing and Converting Technologies
Outdoor Power Equipment Institute
Petroleum Marketers Association of America
PHCC--National Association
Promotional Products Association International
Saturation Mailers Coalition
Small Business Council of America
Small Business Legislative Council
SMC Business Councils
Society of American Florists
Specialty Equipment Market Association
Textile Care Allied Trades Association
Tire Industry Association
Wood Machinery Manufacturers of AmericaFor information, contact SBLC at email@sblc.org or 202-639-8500.

Click here for SBLC Bulletins
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If you have any questions about the SBLC or ERA's participation as a one of the Council's 64 association members, please contact me at info@era.org or 800-776-7377 or 312-527-3050, ext. 218.Tom Shanahan
Executive Vice President and CEO
Electronics Representatives Association

When downloading any material from the SBLC, be aware that this material is protected under copyright law and contains confidential information. It is for the sole personal, informational use of ERA members. It CANNOT be distributed, reprinted, quoted, or otherwise made public.

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