Florida Phoenix September 3, 2020 By Laura Cassels Federal employees will see their paychecks increase a bit because President Trump is deferring their payroll taxes, but state, local, and private employers are largely snubbing the new, optional deferral. Trump authorized the payroll tax deferral starting Sept. 1 by an executive…
ICYMI: July 15 Is Tax Day This Year. 5 Tips For Small Business Owners
Forbes July 13, 2020 By Rhett Buttle, Contributor If you’re a small business owner, it’s likely that the COVID-19 pandemic has left you little time to think about the upcoming tax filing deadline on July 15. Over the last few months, you’ve dealt with temporary lockdowns, lost revenue and layoffs—all…
Opinion: Blame Deficit On Disastrous Tax Law, Not Social Safety Net
Law360 January 31, 2020 Blame Deficit On Disastrous Tax Law, Not Social Safety Net By Frank Knapp Jr. President Donald Trump recently said in a CNBC interview that, if re-elected, he would look at reducing the national debt by cutting Medicare and other safety-net programs. The national debt certainly is…
Business Leaders Say President’s Corporate Tax Reform Framework Doesn’t Go Far Enough
Published February 22, 2012 | American Sustainable Business Council Washington, DC — Business leaders made the following statements today about the corporate tax reform framework released by the White House: Scott Klinger, tax policy director of Business for Shared Prosperity, said, “President Obama’s outline draws attention to some very important themes, including…
Poll: Small Business Owners Say Big Businesses, Millionaires Not Paying Fair Share of Taxes
90 percent of small business owners in nationwide poll say big corporations use loopholes to avoid taxes that small businesses have to pay; majority support increasing taxes on millionaires and letting high-end tax cuts expire Washington, DC – Small business owners see corporate tax loopholes and accounting gimmicks used to…
Sanford, Senate’s income tax plans set for clash
By JIM DAVENPORT, The Times and Democrat March 22, 2005 Gov. Mark Sanford’s plan to cut income taxes is expected to fail this week as it competes for votes in a Senate subcommittee with a bill that has much broader support. Sanford’s centerpiece legislation calls for the state to reduce…