This is a guest post from Maria Contreras-Sweet, Administrator of the U.S. Small Business Administration (SBA). This blog originally appeared on the SBA’s website.
The health care law includes the employer shared responsibility provisions, which require applicable large employers to offer health coverage to full-time employees and their dependents. Those that do not offer coverage might be subject to the employer shared responsibility payment.
Here are six facts about these provisions.
While LGBT individuals won the right to marry last June, battles are still being fought in state legislatures around the country about a different right for LGBT people — particularly, their right to work and patronize businesses without facing legalized discrimination. Many states are considering or have passed broad religious exemption measures, also known as Religious Freedom Restoration Acts (RFRA), which allow businesses, like bakeries, florists or wedding photographers, to deny service to individuals based on the owner’s religious beliefs.
It’s open enrollment season once again – and that means that employers and employees all across the country are considering their new health insurance options! Thanks to the Affordable Care Act, there are many new options available, particularly for small businesses and their employees.
Saturday, November 28 marked Small Business Saturday – an important time to shop locally and support our nation’s small businesses during the holiday shopping season. In recognition of Small Business Saturday, many small businesses offered discounts and specials to encourage people to shop small. Total spending at small businesses on Small Business Saturday reached an impressive $16.2 billion, up from $14.3 billion in 2014.
We’re pleased the U.S. Supreme Court ruled today to uphold the Affordable Care Act’s provision that allows consumers in states with federally-run health insurance marketplaces to receive federal tax credits to help offset the cost of insurance.
What happens when you put more than 100 small business owners in a room together to discuss the biggest issues facing small businesses today? That’s what we found out during our inaugural Small Business Leadership Summit, a three-day event of education, collaboration and action that took place May 11-13 in our nation’s capitol.
Small Business Majority CEO, John Arensmeyer
By all accounts, our economy is continuing on a path of recovery in the aftermath of the recession. And while this should signal good times ahead for our nation’s small businesses, entrepreneurs are still struggling to get what they need most to grow and thrive: access to traditional loans and more reasonable terms on alternative lending.
By Maria Contreras-Sweet
Administrator, U.S. Small Business Administration
With apologies to baseball and your mother’s apple pie, nothing is more American than National Small Business Week.
As we head into our 10-year anniversary, Small Business Majority is blazing trails like never before, and our team’s hard work is paying off in spades.
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