Dear Business Leader: The new tax law has been a boon for large corporations and a bust for small business. Most small business owners say they won’t be able to hire or give raises to employees due to the law. And many others are confused about whether the law applies to […]
Oct. 29 Tele-Town Hall: Get the Facts About the Tax Law’s Impact on Small Business? Read More »
CPA Practice Advisor October 19, 2018 Businesses for Responsible Tax Reform, a nationwide coalition of small business leaders opposed to the tax law, released videos of three business leaders airing their frustration with the law that bypasses the needs of small business owners in favor of giving large corporations and the wealthy enormous tax cuts.
Group Says Tax Reform Hasn’t Helped Small Business Owners Read More »
With the U.S. House to pass Tax Reform 2.0 today that will lock in the inequitable treatment small businesses received from tax reform passed last December, Businesses for Responsible Tax Reform and ZipBooks today issued the below press release. FOR IMMEDIATE RELEASE Contact: Conan Knoll conan@emcstrategies.com (831) 524-6764 ZipBooks
ZipBooks September 13, 2018 by Victoria Beecroft 4.8% of owners said that the Tax Cuts and Jobs Act will reduce their hiring plans, 6.9% planned an increase in hiring and 88.3% had no effect on hiring plans based on a recent survey of 663 small business owners. The Tax Cuts and Jobs Act has been in
FOR IMMEDIATE RELEASE Statement by Frank Knapp, Jr. co-chair of Businesses for Responsible Tax Reform and founder and CEO of the South Carolina Small Business Chamber of Commerce, on the House Committee on Ways and Means Vote to advance key piece of ‘Tax Reform 2.0’ legislation Washington, D.C., Sept. 13, 2018—The House GOP today continued its headlong
GOP Advances Bill that Ignores Small Business Needs in Favor of Playing Politics Read More »
Look out deficit hawks (if there are any left in Washington)!  Congressional Republicans will be rolling out another tax cut to make the cuts passed last December permanent. The Joint Committee on Taxation estimates that this would add over $600 BILLION to the national debt in the next decade. This would be on top of the
GOP proposes raising the National Debt by $2.5 TRILLION Read More »
Yesterday morning I did a radio interview with Scott Sloane on 700WLW in Cincinnati. The station is the flagship for the Cincinnati Reds as well as news and talk. We discussed the tax reform bill passed this past December and how small businesses were treated. You can listen to the approximately 10-minute interview here.
Listen to my tax reform interview on conservative Ohio radio station. Read More »
The U.S. House of Representatives Committee on Small Business held a hearing on this topic today while at the same time Congressional Republicans released a general framework of a plan to make tax cuts for small businesses and individuals permanent. The temporary (ending in 2025) tax benefits for individuals and most small businesses has been
How is the corporate tax cut passed in December impacting Main Street businesses? Read More »
In November 2017 a new national coalition of small businesses (Business for Responsible Tax Reform BRTR) was formed to combat irresponsible federal tax reform. SCSBCC President/CEO Frank Knapp was chosen to co-chair the organization. BRTR’s campaign warned Congress and the public that planned excessive corporate tax cuts would fail to benefit small businesses and would
Federal Tax Reform Read More »
As you might remember the President said that one of the benefits of the tax reform bill he signed last December would be to allow the filing of taxes on a postcard. He didn’t say what the size of the postcard would be but he did promise that it would be very easy to complete.
Shrinking the tax form but increasing the preparation time and cost Read More »
