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April 25, 2011
1099 Reporting Rule Repealed

WASHINGTON — President Obama signed a bill into law last week repealing an unpopular reporting requirement attached to last year’s healthcare reform legislation.

Set to begin in 2012, the requirement would have asked businesses to issue an IRS 1099 form to any individual or corporation from which they purchased more than $600 in goods or services in a tax year.

Many small-business advocates had called the expanded requirement an unnecessary and unfair burden for small businesses, saying it would create a mountain of paperwork.

April 17, 2010
Small Businesses Still Pessimistic, NFIB says

WASHINGTON, D.C. — The National Federation of Independent Business (NFIB) reports that its Index of Small Business Optimism lost 1.2 points in March, falling to 86.8.

“The March reading is very low and headed in the wrong direction," says Bill Dunkelberg, NFIB's chief economist. "Something isn't sitting well with small-business owners. Poor sales and uncertainty continue to overwhelm any other good news about the economy."

March 8, 2010
Proposed Amendment May Create Small-Business Jobs

WASHINGTON — Sen. John Thune (R-S.D.) introduced an amendment last week to a tax extender bill currently before the Senate that would create and expand small-business tax incentives. The incentives are targeted at helping small businesses invest in new capital and hire workers.

Sen. Thune has proposed redirecting unspent portions of last year’s $862 billion stimulus bill to fully pay for the proposals in his amendment, which is endorsed by the National Federation of Independent Business (NFIB).

February 16, 2010
Small-Business Confidence Rises for the First Time in Three Months

WASHINGTON — Small-business confidence in the United States rose in January for the first time in three months, according to the National Federation of Independent Business (NFIB) optimism index. The index climbed to 89.3 — the highest it’s been in 16 months — from 88 in December.

January 19, 2010
Index Shows Small-Business Optimism Continues to Plummet

WASHINGTON — Small-business owners’ optimism continued its downward trend in December, keeping the sour note that held steady for most of 2009, according to the National Federation of Independent Business (NFIB).

In December, NFIB’s Small Business Optimism Index decreased 0.3 point to 88 from November. The index has been below 90 for 15 straight months, reflecting the difficulty of the year overall. The index’s lowest reading was 80.1 in 1980.

August 15, 2007
NFIB Commends Call for Small-Biz Platforms

WASHINGTON, D.C. — The National Federation of Independent Business (NFIB) is applauding the U.S. Senate for passing an amendment early this month that calls on Congress to enact legislation this year on health-insurance reform for small businesses and the self-employed. While non-binding, the “Sense of The Senate” amendment was passed unanimously.