A survey by Small Business Majority in August found that about 64% of small businesses take advantage of the 20% pass-through deduction. It has been especially valuable for businesses earning less than $200,000 in adjusted gross income, which make up about 77% of those claiming this benefit.
Small Business News
12/03/2024 |
Financial Solution Advisors
11/30/2024 |
Hearst TV
"Small business owners are already hunkering down to weather the painful impact of a potential trade war. They're stocking up on inventory. They're even thinking of moving operations offshore to manufacture for the export market, if they're able to do that," said John Arensmeyer, the founder and CEO of Small Business Majority.
11/29/2024 |
Baker City Herald
In a Wells Fargo and Small Business Majority survey, 3 in 10 small business owners said they didn’t have a website for their business, even though the COVID-19 pandemic prompted many business owners to establish their digital presence. About 4 in 10 small businesses without a website still rely on social media to showcase themselves online.
11/29/2024 |
WBAY
In a Wells Fargo and Small Business Majority survey, 3 in 10 small business owners said they didn’t have a website for their business, even though the COVID-19 pandemic prompted many business owners to establish their digital presence. About 4 in 10 small businesses without a website still rely on social media to showcase themselves online.
11/26/2024 |
ABC News
“Although blocking any increase to the threshold fails to take into account inflation, the Department of Labor tried to do too much too fast resulting in sticker shock for small businesses that are still recovering from the pandemic," said Small Business Majority Founder & CEO John Arensmeyer. "More measured and predictable increases are in order.”
11/24/2024 |
Business Insider
Small businesses have few options. Mike Brey, the owner of Hobby Works, saw tote bags he sources from China get hit with tariffs during Trump's first term. But while small businesses have a reputation for being nimble, that's not true on the import side. "We can't easily pack up and move to Mexico," Brey says.
11/21/2024 |
Democracy Forward
“Women entrepreneurs have made it clear that the freedom to decide if and when to have children is critically important to their ability to start and grow a business. Small Business Majority’s research found that 92% of women business owners said access to reproductive healthcare is vital to their economic well-being and to the entire small business community. For these reasons, our courts must uphold the protections in the Pregnant Workers Fairness Act,” said Small Business Majority National Women's Entrepreneurship Director Rachel Shanklin.
11/21/2024 |
Democracy Forward
“First, small businesses benefit from EEOC’s Anti-Harassment Guidance, which helps them understand and comply with their obligations under federal civil-rights laws,” reads the brief submitted by leading pro-democracy legal organization Democracy Forward on behalf of the Small Business Majority, Main Street Alliance, and American Sustainable Business Council.
11/19/2024 |
Associated Press
Mike Roach started Paloma Clothing in Portland, Oregon, as a co-owner with his mother in 1975. In 1981, he became co-owner with his wife, Kim Osgood. But after nearly 50 years of owning the business, Roach, 74, knew he needed to start thinking about what came next.
11/15/2024 |
CNN
While President-elect Donald Trump will be a familiar face in the White House, his campaign trail rhetoric was amplified and ambitious, sweeping policy proposals have raised more questions than answers, said John Arensmeyer, founder and chief executive of Small Business Majority, a center-left business advocacy group. Small Business Majority has yet to conduct a full post-election survey of businesses, but in the days since the election was decided, Arensmeyer and colleagues have heard some similar themes from its network of 80,000 small businesses.