Small Business Rundown

Small Business Rundown

NFIB, the leading advocacy group for Small Business, brings on experts to discuss and analyze current issues that directly affect small businesses across the nation.

Episodes

September 21, 2023 8 mins

Executive Director of the NFIB Small Business Legal Center Elizabeth Milito discusses recent U.S. Supreme Court cases that affected small business and looked ahead to the new term that starts in October. She shares how the Legal Center chooses which cases to pursue, breaks down the Supreme Court’s decisions in last term’s cases, and explains upcoming cases that are a concern for small businesses.

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NFIB Research Center Executive Director Holly Wade discusses results from a recent survey on small business banking. The survey asked small business owners about their banking activities and experience accessing credit. Wade compares the findings to a previous survey, explains the impact of the March banking crisis, and discusses the economic outlook of small business owners. 

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In this episode, U.S. Congressman Henry Cuellar and NFIB President Brad Close discuss the importance of making the 20% Small Business Deduction permanent. A new campaign launched by NFIB advocates for its permanency by sharing how small business owners use the deduction to reinvest in their businesses and plan for the future. Rep. Cuellar, one of the leaders in the U.S. House who introduced the Main Street Tax Certainty Act in July...

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August 10, 2023 15 mins

In this episode, NFIB’s Federal Government Relations team gives an update on key legislative issues affecting small business. Their discussion focused on legislative developments coming out of the U.S. House and Senate, top legislative priorities, and advocacy efforts this summer. Topics covered include taxes, financial services policies, labor law, and healthcare. They also provide expectations on the future of current legislation...

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Small business owner Laura Lucia and the Executive Director of NFIB’s Research Center Holly Wade discuss a toolkit of essential tips for owners looking to expand their small businesses. Holly shares key takeaways from the recent NFIB Small Business Legal Center webinar titled Toolkit Essentials to Grow Your Small Business. Laura, the owner of Lucia Specialized Hauling, plans to expand her small business from locations in New York a...

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This week's episode of the Small Business Rundown features Michelle Smith, an NFIB member and Florida small business owner, Bill Herrle, NFIB's Florida Executive Director, and Tim Goodrich, Vice President of NFIB State Government Relations. They delve into the topic of lawsuit abuse and its impact on small business owners. Bill sheds light on the progress made in Florida with the passage of landmark lawsuit abuse reform, ...

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June 29, 2023 16 mins

Over 150 small business owners descended on Capitol Hill June 12-14 to advocate for pro-small business policies, with a focus on preventing a scheduled tax increase for small businesses and injecting real competition to reduce credit card processing “swipe fees.” In this episode, you’ll hear from a few small business owners who attended the NFIB D.C. Fly-In, NFIB President Brad Close, and VP of NFIB Federal Government Relations Kev...

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In this episode of the Small Business Rundown, Beth Milito, Executive Director of the NFIB Small Business Legal Center, goes over how to determine whether your small business’ workers are considered employees or independent contractors by the IRS. This seemingly simple distinction is actually extremely complex—and can cost small business owners who misclassify thousands of dollars in penalties. Beth covers the difference between in...

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On this week’s episode of the Small Business Rundown, NFIB member David Henrich joins expert NFIB staff to discuss the Regulatory Flexibility Act (RFA). They talk about how federal agencies often fail to abide by it and what it means for small businesses. The RFA is meant to address the disproportionate impact of federal regulations on small businesses by requiring the agencies to consider, and take into account, the needs and reso...

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This episode of the Small Business Rundown features U.S. House Majority Leader Steve Scalise and NFIB member Lucas Gjovig discussing energy legislation. Under Scalise’s leadership, the Lower Energy Costs Act, or H.R. 1, was introduced earlier this year and he provides a detailed look at the legislation’s benefits. Lucas Gjovig is a small business owner who works in the energy production industry and explains how H.R. 1 will help sm...

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May 4, 2023 22 mins

On this week’s episode of the Small Business Rundown, host Adam Temple was joined by NFIB’s Chief Economist Bill Dunkelberg and NFIB Research Center Executive Director Holly Wade for a conversation about the U.S. debt limit. They explain the debt ceiling, the difference between debt and deficit, debt cliffs, what it means for the U.S. debt to be higher than the limit, and what the Small Business Optimism Index shows owners expect i...

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Hear from NFIB President Brad Close about Internal Revenue Service (IRS) plans for expanded enforcement, and The Family and Small Business Taxpayer Protection Act currently with the U.S. Senate. The IRS recently released a plan for how they’ll spend the $80 billion added to their budget, but they left many questions unanswered. Small businesses owner Warren Hudak also joined host Adam Temple to discuss his experience dealing with t...

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April 6, 2023 13 mins

In this episode of the Small Business Rundown, Holly Wade, Executive Director of the NFIB Research Center, explains the results of NFIB’s new Small Business Health Insurance Survey. Ever-rising health insurance costs are a significant burden for America’s small businesses, and the data reveals that small businesses are facing a substantial affordability crisis in providing health insurance for their employees. The episode also feat...

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In this episode of the Small Business Rundown, hear small business owners Wylie McDade and Tina Miller’s Congressional testimonies on the state of small business economy and the benefits of the Small Business Deduction – a federal tax deduction that allows small businesses organized as pass-through entities like Sole Proprietorships, S-Corporations, Partnerships, and LLCs, to deduct up to 20% of their qualified business income. Nex...

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March 9, 2023 13 mins

In this episode of the Small Business Rundown, NFIB's Senior Vice President of Advocacy Adam Temple interviews Beth Milito, Executive Director of the NFIB Small Business Legal Center, about the Fair Labor Standards Act (FLSA) and its impact on small business owners. Beth goes in-depth on various aspects of FLSA compliance, such as: 

  • Distinguishing between employees and independent contractors 
  • Minimum wage 
  • Tipped employees 
  • O...
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U.S. Representative John Duarte (CA-13), a small business owner and NFIB member, joins Small Business Rundown host Adam Temple to discuss how his small business experienced unfair treatment from the federal government on Waters of the United States (WOTUS) regulation enforcement. 

Rep. Duarte explains how he was ordered to stop farming his own land and sued by the federal government for millions of dollars – even though th...

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February 9, 2023 13 mins

Host Adam Temple is joined by Beth Milito, executive director of the NFIB Small Business Legal Center, and Holly Wade, executive director of the NFIB Research Center. Holly and Beth discuss keys to set your small business on a path for success this year – steps based in part on the findings of monthly research into small business economic trends and the thousands of questions these experts have answered during webinars on topics li...

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On the first-ever episode of the Small Business Rundown, NFIB’s Senior Vice President of Advocacy Adam Temple sits down with the head of NFIB’s Federal Government Relations team, Kevin Kuhlman, to discuss the new two-year session of Congress and what small business owners can be looking out for. 

Kevin and Adam discuss small businesses’ priorities for the next two-year session of Congress, including taxes, labor, regulations, compet...

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