Taxation

Misinformation on proposed IRS tax compliance efforts

I’m sure you have heard all the scary warnings about how new IRS efforts to catch upper income tax cheats will burden the average American and financial institutions. And who is pushing out this misinformation?  The financial institutions and the wealthy.  Go figure. Below is a release from the U.S.…

National Survey Shows Most Small Businesses Support American Jobs Plan and an Increase in Corporate Taxes to Level the Playing Field

FOR IMMEDIATE RELEASE Contact: Conan Knoll conan@emccommunications.com (831) 524-6764 National survey of more than 1,000 small business owners finds 80% support the American Jobs Plan and 67% support raising taxes on corporations to pay for it Washington, D.C., May 13, 2021—Small Business for America’s Future today released a national survey…

Small businesses weigh pros and cons of Biden corporate tax increase

Fortune April 23, 2021 BY MARCO QUIROZ-GUTIERREZ Large corporations have largely come out against President Biden’s $2.7 trillion American Jobs Plan, but for small businesses, whether to support the bill or not is a more complicated question. The proposed infrastructure improvement plan, which includes raising the corporate tax rate to…

President’s Executive Orders Burden Small Business, Sow Confusion, and Erode Social Security

Contact Conan Knoll conan@emcstrategies.com (831) 524-6764 Statement by Frank Knapp Jr., Small Business for America’s Future co-chair and Founder and CEO of the South Carolina Small Business Chamber of Commerce Washington, D.C., Aug. 10, 2020—Because Senate Republicans failed to meaningfully engage in debate around a relief package, we are left…

Trump lays minefield for employers and fails to deliver significant help to small business

Press Release Contact: Frank Knapp fknapp@scsbc.org 803-600-6874 cell Trump lays minefield for employers and fails to deliver significant help to small business Yesterday, President Trump signed an Executive Orders to defer payroll taxes for employees through December 31, 2020.  Below is a statement of Frank Knapp Jr, President and CEO…