taxation

Businesses saying no thanks to president’s payroll-tax deferral

Florida Phoenix September 3, 2020 By Laura Cassels Federal employees will see their paychecks increase a bit because President Trump is deferring their payroll taxes, but state, local, and private employers are largely snubbing the new, optional deferral. Trump authorized the payroll tax deferral starting Sept. 1 by an executive order he signed on Aug. […]

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ICYMI: July 15 Is Tax Day This Year. 5 Tips For Small Business Owners

Forbes July 13, 2020 By Rhett Buttle, Contributor If you’re a small business owner, it’s likely that the COVID-19 pandemic has left you little time to think about the upcoming tax filing deadline on July 15. Over the last few months, you’ve dealt with temporary lockdowns, lost revenue and layoffs—all while applying for desperately needed

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Opinion: Blame Deficit On Disastrous Tax Law, Not Social Safety Net

Law360 January 31, 2020 Blame Deficit On Disastrous Tax Law, Not Social Safety Net By Frank Knapp Jr. President Donald Trump recently said in a CNBC interview that, if re-elected, he would look at reducing the national debt by cutting Medicare and other safety-net programs. The national debt certainly is a concern. The Congressional Budget

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Business Leaders Say President’s Corporate Tax Reform Framework Doesn’t Go Far Enough

Published February 22, 2012 | American Sustainable Business Council  Washington, DC — Business leaders made the following statements today about the corporate tax reform framework released by the White House: Scott Klinger, tax policy director of Business for Shared Prosperity, said, “President Obama’s outline draws attention to some very important themes, including closing corporate tax loopholes and

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Poll: Small Business Owners Say Big Businesses, Millionaires Not Paying Fair Share of Taxes

90 percent of small business owners in nationwide poll say big corporations use loopholes to avoid taxes that small businesses have to pay; majority support increasing taxes on millionaires and letting high-end tax cuts expire Washington, DC – Small business owners see corporate tax loopholes and accounting gimmicks used to shift U.S. profits offshore to

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