ChamberWest June Update - Tax Highlights, Leadership Institute, Golf, Summer Events & More

Dear ChamberWest Members,
 
At ChamberWest, we know that strong relationships build strong businesses—and strong businesses build thriving communities. Through impactful events, strategic committee work, and meaningful leadership development, our team and member volunteers remain focused on helping you succeed. Your membership is more than a listing in a directory—it’s a partnership. One that ensures your voice is heard and your business has the support it needs to thrive.  We continue to work closely with elected officials, decision-makers, and community partners to advocate for business-friendly policies and influence the issues that matter most to you.
 
Federal Tax Reform: Key Business Highlights
The U.S. Senate is currently considering a bipartisan tax package that includes several high-impact provisions for businesses and families. According to the U.S. Chamber of Commerce, the bill includes:

• Bonus Depreciation & R&D Deductions: Extends 100% expensing for capital investments (retroactive to 2023) through 2029 and restores full, deductions for research and development expenses instead of spreading them out over five years.
• Interest Deduction Expansion: Eases limits on interest deductibility—especially beneficial for capital-intensive or debt-reliant businesses.
• Pass-Through Entity Relief: Increases and makes permanent the 199A deduction for pass-throughs, raising the deduction from 20% to 23%.
• Estate Tax Reforms: Increases the exemption to $15 million and makes it permanent.
• Individual & Standard Deductions: Locks in the 2017 individual tax rates and extended standard deduction permanently.
• Family and Workforce Incentives: Includes tax relief on tips and overtime, a $4,000 deduction for seniors, and auto loan interest deductions (through 2029).

• Women in Business – Professional Growth Luncheon – June 10:  This luncheon focuses on “Gather, Grow, Serve – Expanding into Our Fullest Selves at Every Stage of Life”, as presented by Kristin Andrus with Gathering for Impact.  Learn more and register at:  June WIB Luncheon

• Annual Golf Tournament – June 11:  Our members only annual golf tournament, scheduled for Wednesday, June 11 at Stonebridge Golf Club is nearly sold out with just a few special sponsorship opportunities remaining. With 196 golfers and 30+ sponsors expected, this is sure to be a high-energy, fun, relationship-building event with other chamber members, colleagues, clients, and friends.   If interested in participating, please be sure to reach out to me by Thursday of this week as all details are being finalized.  More information is available at:  2025 Golf Tournament

• Friday Connections – June 20:  For just $5, join us for speed networking with 60+ professionals. Bring plenty of business cards for a morning of meaningful connections!  Learn more and register at:  Friday Connections - June

• ChamberWest Monthly Luncheon: - June 24:  This month’s Professional Development Series Luncheon focuses on “Unlocking Emotional Intelligence – Tools for Better Leadership, Communication, and Connections presented by Cynda Walter, People Empowered, Inc.   Enjoy networking and lunch with friends and colleagues!  Learn more and register at:   June Chamber Luncheon

• 6/4 – Professional Development Committee Meeting 
• 6/5 – Legislative Affairs Wrap up Meeting
• 6/5 – Annual Golf Tournament Planning Committee Meeting
• 6/10 – Professional Growth Series Luncheon – Open to All – Register at:  June WIB Luncheon
• 6/11 – Annual Golf Tournament
• 6/12 – Leadership Institute Session “Leadership You”  & Graduation
• 6/18 – Ambassador Committee Meeting
• 6/18 – Tourism Committee Planning Meeting
• 6/20 – Friday Connections – Open to All – Register at:   Friday Connections - June
• 6/19– Board of Directors Meeting 
• 6/24 – Professional Development Series Luncheon – Open to All – Register at:  June Chamber Luncheon
• 6/25 – Women in Business Executive Committee Meeting

• September 10 – Annual Awards Gala
• September 16 – Military
• September 24 – Annual Women in Business Nine ‘N Dine Golf Event
• November 13 – Annual Fall Conference 

• December 2 – Pickle with a Purpose Event
• December 9 – Women in Business Holiday Party