Taxation

New Report: Complexity Created by New Pass-Through Deduction in Tax Law Means Small Business Owners May Spend Any Tax Savings on Accountants

        May 1, 2018 New report finds that 20 percent deduction for pass-through businesses does not apply equally to all small businesses, entrepreneurs may need to hire costly tax experts to take advantage of provision, and new territorial tax system puts them at a competitive disadvantage with large corporate competitors. Washington, D.C., […]

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New Data Shows Tax Law Isn’t Helping Main Street Small Business Owners

  New data from Businesses for Responsible Tax Reform, the Congressional Joint Committee and Taxation, the National Association for the Self-Employed and the National Small Business Association shows the new tax law won’t help Main Street small business owners and that they don’t understand how the law impacts them Washington, D.C., April 25, 2018—New data

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After Polling Shows Small Businesses Doubt New Tax Overhaul Will Benefit Them, Coalition Launches Educational Series to Help Entrepreneurs Understand the Law’s Impact

  March 28, 2018 Businesses for Responsible Tax Reform today launched a series of webinars for small business owners in Arizona, California, Nevada and Maine to explain how the new tax law impacts them. The series comes after polling shows small business owners in those states doubt the tax law will enable them to hire

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Poll: Most small-business owners say they will not hire, give raises because of new tax law

The Hill March 12, 2018 By Frank Knapp, Jr., Opinion Contributor The feel-good media coverage of corporate bonuses and raises tied to the new tax law overlooks one important question: what tangible economic impact is the law having on the country’s 30 million small businesses and the people they employ? It could be that the

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Join me Wednesday at 8PM for a talk on national tax reform

Dear Business Leader: There has been a lot of talk about the impact the new tax law is having on big corporations and Wall Street. But we wanted to know what it means for you—the small business owners who create half the jobs in this country. So, the Business Alliance for Responsible Tax Reform we

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Tax Reform: Big Business Cashes In While Small Business Left In A Dense Fog

If you watched President Trump’s State of the Union address last night, someone not following the issue of the tax reform passed by Congress just last month would naturally conclude that all businesses big and small were given a big tax cut that is translating into more employees, higher worker wages and or bonuses. The

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The Tax Reform Will Be Lauded Tonight. Here Are The Facts.

The New York Times January 27, 2018 Are Corporate Tax Cuts Raising Pay? Yes, for Bosses By THE EDITORIAL BOARD Recent announcements by Apple, Walmart, AT&T, Starbucks and other businesses that they are giving workers raises, repatriating foreign profits and investing in the United States because of the tax bill Congress passed last year are

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