MultiBriefs August 23, 2019 By Seth Sandronsky What can small businesses make of booming CEO pay? First, we look at the numbers. Lawrence Mishel and Julia Wolfe of the Washington, D.C.-based Economic Policy Institute dove deep into the data on compensation trends in the U.S. over the past 40 years.…
How bad did America’s taxpayers get screwed by the 2017 tax law?
The IRS is reporting that taxpayers, individuals and the 90% of small business owners who pay any business profit on their personal taxes, gave Uncle Sam $93 billion more in 2018 compared to 2017. The reason—the 2017 tax law that gave huge tax cuts to corporations and the uber wealthy.…
Opinion: Very Small Businesses Shed 105,000 Jobs Over the Past 3 Months. What’s Going On?
Morning Consult August 13, 2019 By Frank Knapp Jr While the Department of Labor has reported job increases over the past three months, businesses with fewer than 20 employees have lost jobs each of those same months according to the ADP National Employment Report. A total of 105,000 jobs have…
Opinion: Danger Lurks Beneath National Economic Headlines
GazetteXtra (Janesville, WI), July 11, 2019 Inside Sources, July 11, 2019 Waco Tribune-Herald, July 14, 2019 by Frank Knapp Jr. Two economic stories received big headlines the week of July 4. The Dow Jones industrial average hit a record high and the economy added 224,000 jobs in June. On the…
Opinion: May’s employment data is worse than we think
The Hill June 12, 2019 By Frank Knapp Jr., Opinion Contributor The recently released Department of Labor May report on employment revealed a shocking number: New jobs last month rose by only 75,000, dramatically below expectations. Even worse, the number of new jobs created in March and April were revised…
Weighing in on Election Issues, Small Business Owners Say Presidential Candidates Should Release Tax Returns, Support Raising Taxes on Wealthy
For Immediate Release: June 11, 2019 Contact: Conan Knoll, (831) 524-6764, conan@emcstrategies.com Scientific opinion poll finds nearly two-thirds of small business owners support legislation requiring presidential candidates to release tax returns, and support raising taxes on the wealthy and corporations Washington, D.C., June 11, 2019—A public opinion poll released today…
Opinion: Time for Small Businesses to Benefit from Tax Reform
Morning Consult May 14, 2019 BY FRANK KNAPP JR. It happens every year. The weeklong, business-boosting spotlight on small business during National Small Business Week fades to business as usual. The high-profile campaign to promote shopping local with small businesses is replaced by other national concerns about growth and investment,…
Opinion: Trump’s tax reform didn’t help small business
Waco Tribune-Herald 4-10-19 The Free Lance-Star (Fredericksburg) 4-14-19 The Iowa Gazette 4-14-19 InsideSources 4-15-19 Jacksonville Journal Courier 4-16-19 Northwest Indiana Times 4-16-19 The Edwardsville (IL) Intelligencer 4-16-19 The Palm Beach Post 4-17-19 Columbia Regional Business Report 4-22-19 By Frank Knapp Jr. While every April 15 is an important day for…
Entrepreneurs, here’s how to lower your small business taxes
USA TODAY April 10, 2019 By Rhonda Abrams My CPA emailed me Friday night, letting me know the taxes I’ll have to pay on my small business income. Gulp—those number are high! (Note to CPAs—wait til Monday to clobber small business clients with bad news, let us enjoy our weekends.)…
Small-business owners lukewarm — or worse — on new tax la
MultiBriefs April 12, 2019 By Seth Sandronsky At best, some owners of small firms are lukewarm about the Tax Cuts and Jobs Act of 2017 (TCJA) that Congress passed and President Trump signed. We turn to an April 10 public opinion poll from Businesses for Responsible Tax Reform. Among 501…