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- The NFIB uses the balloting of its membership, rather than a steering committee or a board of directors, to determine NFIB policies. In addition, it seeks to prevent undue influence by one member or group of members by setting a maximum contribution of dues. Minimum dues are $100, and the maximum dues contribution is $1,000.
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The collective buying power of NFIB’s hundreds of thousands of small business owners means you may save thousands of dollars each year through NFIB’s Member Offers. Several of these offers are also available to your employees at no additional cost to you.
May 8, 2024 · The NFIB requires that those joining pay a membership fee, and in return, the organization offers access to special deals with partners. NFIB members can get discounts from FedEx, Dell, and other service providers.
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NFIB is a non-profit membership organization incorporated in the state of California qualifying under section 501(c) (6) of the Internal Revenue Code and is EXEMPT from backup withholding. Under the Omnibus Budget Reconciliation Act of 1993, 48% of your dues is attributed to lobbying expense and is not tax deductible.
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Aug 24, 2023 · The 20% Small Business Deduction (Section 199A) allows small businesses organized as pass-throughs (S corporations, LLCs, sole proprietorships, or partnerships) the ability to deduct up to 20% of qualified business income and is scheduled to expire in 2025. Watch NFIB’s new In Their Own Words video here: Excerpts include:
Half of survey respondents reported their annual gross revenue of their primary business to be between $100,000 to $999,999. A little over a quarter (27%) of survey respondents had an annual gross revenue below $100,000, with 7% under $50,000.
Minimum dues are $100, and the maximum dues contribution is $1,000. The NFIB follows these procedures so that the policies it advances will reflect the consensus of the business community rather than the narrow interests of any particular trade group.
