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The Small Business Briefing – January 20, 2025

January 20, 2025

In our latest Small Business Briefing, Brian Calley and Sarah Miller provide valuable updates and insights for small business owners. The episode begins with a tribute to Martin Luther King Jr. and a fascinating fact about his famous “I Have a Dream” speech.
Key topics covered include:
  • Earned Sick Time Act: Brian discusses his recent testimony in support of bills #4001 and 4002, which aim to slow down the minimum wage increase and preserve the tipped wage credit. The bills have received broad bipartisan support and are expected to be voted on by the House of Representatives soon.
  • Corporate Transparency Act: An update on the nationwide injunction against the law and the ongoing legal challenges, including SBAM’s own case in the Western District Court of Michigan.
  • Upcoming Webinars: Information on compliance webinars and a special session with Representative Bill G. Shooty to discuss legislative changes and their impact on small businesses.
  • 2026 Gubernatorial Race: Senator Eric Nesbitt’s announcement to run for governor and his impressive fundraising efforts.
  • Economic Indicators: Analysis of recent inflation numbers, producer price index, and small business optimism based on national surveys.
Stay tuned for more updates and insights to help you navigate the challenges and opportunities in the small business landscape.
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