The National Federation of Independent Business, the nation's leading small-business association, is sending postcards and emails to its 350,000 small-business members, including the 6,000 here in Montana, warning them of an October 1 deadline for employers to have informed their employees about their health insurance options.
"The federal government has done a lousy job of keeping employers informed, so we're doing it ourselves," said Riley Johnson, Montana state director for NFIB. "We don't want to give the administration an opportunity to play 'gotcha' with our members."
The good news is that business is terrific right now for the professionals who are paid to prepare tax returns. The bad news is that the tax code that ensures their success is weighing down an essential sector of job creation: small business.
Ninety-one percent of small-business owners surveyed recently by the National Federation of Independent Business reported that they simply can't navigate the twisted and tangled code; they are left with no choice but to shift the task to experts.
After three months of sustained growth, the March NFIB Index of Small Business Optimism ended its slow climb, declining 1.3 points and landing at 89.5. In the 44 months of economic expansion since the beginning of the recovery in July 2009, the Index has averaged 90.7, putting the March reading below the mean for this period. Of the ten Index components, two increased, two were unchanged and six declined. Among the greatest declines were labor market indicators, inventory investment plans and sales expectations.
Chief economist for the National Federation of Independent Business (NFIB) William C. Dunkelberg, issued the following statement on the February job numbers, based on NFIB's monthly economic survey released on Tuesday, March 12, 2013. The survey was conducted in January and reflects the responses of 870 sampled NFIB members:
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