“This is a fresh opportunity for the administration to refocus on issues or measures that could actually help small businesses,” said Frank Knapp, co-chair of Businesses for Responsible Tax Reform. The Hill January 7, 2020 By Naomi Jagoda The Senate on Tuesday confirmed Jovita Carranza to head President Trump‘s Small Business Administration…
Why the Impact of the Trump Taxes Remains Partly Hidden
The New York Times December 30, 2019 New taxes should be a big expense for many companies. But they have found a way around disclosing it in annual reports. By Peter Eavis Armed with legions of lobbyists, companies have been pushing hard — and successfully — to weaken new federal…
Reno, Vegas entrepreneurs say Trump’s 2017 tax law has not helped small businesses
Northern Nevada Business View December 31. 2019 By Kaleb Roedel RENO, Nev. — Tonda Benge had plans to hire more staff, raise wages, and invest in better technology. Benge, owner of Professional Dog Mom in Reno, assumed she’d be able to do all of this, and possibly more, following the…
Conservative commentator rips Trump’s signature tax overhaul: ‘It was a big mistake’
The Hill December 23, 2019 By Tess Bonn Conservative commentator Johnny Burtka ripped President Trump’s 2017 tax law in light of a new report that found that some of the most profitable companies in the U.S. didn’t pay any taxes last year as a result of the legislation. “It was a…
At Tax Law’s 2-Year Anniversary, Small Businesses Ask Policymakers for Reform that Actually Helps Main Street
FOR IMMEDIATE RELEASE Contact: Conan Knoll conan@emcstrategies.com (831) 524-6764 Nevada entrepreneurs join Businesses for Responsible Tax Reform on a press call to discuss how, two years in, the Tax Cuts and Jobs Act has failed to help small businesses and to call on policymakers and candidates to support tax policy…
Report: CEO pay increases 1,000% over past 40 years
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.…
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,…
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.)…