The Home Office Tax Deduction: Simplifying Rules And Helping Small Business Owners Succeed White House BlogPosted by Neal S. Wolin and Karen MillsJanuary 15, 2013 Today, many taxpayers who qualify for the home office tax deduction are not claiming it. The reasons often cited are that businesses and filers do not fully understand the provisions […]
News about home office tax deductions Read More »
The end of the fiscal cliff saga has launched the next drama in Washington over spending and revenue. You are going to hear a lot about how the federal government must live within its means and thus programs ranging from defense to healthcare must be cut. “We’re broke” many in congress have and will tell
The Wall Street JournalDecember 5, 2012 By Carl Levin America stands at the edge of a fiscal cliff with drastic budget cuts and painful tax increases on the middle class unless we can agree on a comprehensive, balanced deficit-reduction plan. This challenge lends new urgency to cutting loopholes and gimmicks to avoid paying taxes. Tax
Push multinational corporate tax dodgers over the fiscal cliff Read More »
American Sustainable Business Council supporters – The fiscal showdown over the Bush-era tax cuts continues in Congress… and defenders of extra cuts for the top-tiers of incomes continue using lip service to small business as their leading excuse for opposing the tax cuts for the middle class. That’s not right. And, if the middle class
Take Two Minutes to Speak up for Small Businesses Today Read More »
In 2000 the South Carolina Small Business Chamber of Commerce (SCSBCC) was formed with one of its top issues being to establish parity with big business on state income tax rates. Under the tax code at that time, small businesses (sole-proprietors, partnerships, LLC’s and S-corporations) were paying 40% higher state income taxes compared to C-corporations. The SCSBCC began a
Sorry I’ve not been blogging much recently. Many other pressing things have come up. So to give you a worthy blog to read over the holidays, below is one by my friend Nicole Tichon, executive director of the Tax Justice Network USA. This blog ran recently in The Huffington Post. Enjoy. Happy Thanksgiving! ————————————————————————–The Huffington
Happy Thanksgiving Read More »
This afternoon President Obama will hold a press conference to talk about growing the U.S. economy and reducing the deficit. He will certainly address the fictitious “fiscal cliff” you’ve heard so much concern about. You can watch it live here. The talking point on this scary fall is that the country’s economy will dive into
End tax cuts for the wealthiest Read More »
Pittsburgh Post-Gazette, November 5, 2012 Augusta Free Press, November 5, 2012 Montgomery Advertiser, November 6, 2012 By Frank Knapp Jr. As someone who advocates for thousands of small businesses, I know they want fact, not spin. Unfortunately, too often we hear inaccuracies and misinformation about how government policies affect small businesses. Ending the Bush-era tax
Opinion: Stop the spin on small business Read More »
The Presidential debates are over but that doesn’t mean what was said is now old news. In fact, something Mitt Romney said in the first debate on October 3rd is back in the news. In my blog after that debate I said this Romney statement that should be getting more attention: ROMNEY: “The second topic,
Romney’s business used tax deduction he claimed he didn’t know existed Read More »
The Hill’s Congressional BlogOctober 17, 2012 By Frank Knapp, Jr., president and CEO, South Carolina Small Business Chamber of Commerce One of the highlights of last night’s presidential debate was moderator Candy Crowley’s real-time fact-checking about when President Barrack Obama first used the word “terror” in reference to the murders in Benghazi. We needed such
Debate fact-checking long overdue – Hooray for Candy! Read More »
