News List

  • Fox Business: How Higher Taxes Will Impact Your Small Business
    Oct 28, 2010  - By Gail Buckner; Fox Business What’s the most common form of business in this country?  (Hint: it’s not “corporation.”)  In fact, the United States is the only developed nation in the world where the majority of companies are not what the IRS calls “C” corporations -- the kind that make up the S&... More
  • Christian Science Monitor: IRS Targets Small Businesses
    Oct 28, 2010  - By Jeff Cornwall; Christian Science Monitor The IRS seems to have it in for small businesses these days. There is the new rule recently passed that require the issuance of 1099's for any purchase over $600. Many fear that this is lays the groundwork for an additional new tax system based on a V... More
  • Bloomberg News: Employers in U.S. Start Bracing for Higher Tax Withholding
    Oct 27, 2010  - By Timothy Homan; Bloomberg News Employers in the U.S. are starting to warn their workers to prepare for slimmer paychecks if Congress fails to vote on an extension of Bush-era tax cuts. “I’ve been doing payroll for probably close to 30 years now, and never have we seen something like this wher... More
  • Graves: 1099 Reporting Rule has Stalled Small Business Growth in America
    Oct 26, 2010  - Despite repeated requests from House Small Business Committee Ranking Member Sam Graves (R-MO) for information, Internal Revenue Service (IRS) Commissioner Douglas Shulman continues to decline to provide any details about the planned implementation of the health care law’s 1099 reporting rule.  Thi... More
  • The Hill: IRS Continues To Dodge Questions On 1099 Rule
    Oct 26, 2010  - By Jaf Heflin; The Hill Despite repeated requests from House Small Business Committee ranking member Sam Graves (R-Mo.) for how the IRS intends to implement the 1099 reporting rule, IRS Commissioner Douglas Shulman continues to decline to provide him the information. "I am extremely disappointe... More
  • Wall Street Journal: Tax Unknowns Drive Business Moves
    Sep 13, 2010  - By John D. McKinnon; Wall Street Journal The uncertainty over looming tax increases is starting to affect both investing and corporate decision-making. The economy remains the biggest factor in many investors' and businesses' decisions. But worries over whether Congress will extend some or all o... More
  • Graves Praises GOP “Freeze and Cut” Proposal
    Sep 8, 2010  - House Small Business Committee Ranking Member Sam Graves (R-MO) has released the following statement in support of House Republican Leader John Boehner’s (R-OH) proposal to freeze all current tax rates for two years and cut government spending to 2008 levels: “American small business owners have le... More
  • Luetkemeyer Praises “Freeze and Cut” Proposal
    Sep 8, 2010  - U.S. Rep. Blaine Luetkemeyer (MO-9) released the following statement in support of House Republican Leader John Boehner’s proposal to freeze all current tax rates for two years and cut government spending to 2008 levels: “While our small business owners have always provided the spark for economic g... More
  • The Washington Times: Renewing hope for the American dream
    Sep 3, 2010  - By Caroline Harris; The Washington Times As our economy meanders down the road to recovery, yet to hit its stride, the American dream slides out of reach for too many. Nearly one in 10 Americans can't find work. If you consider those who have given up looking or settled for part-time work, that n... More
  • Wall Street Journal: Small Businesses Fear Hit From Rise in Tax Rates
    Aug 24, 2010  - By Martin Vaughan and Corey Boles; Wall Street Journal Karen Port of St. Louis fears that President Barack Obama's plan to let tax rates rise for top earners will be a double whammy for her hot-tub dealership. Not only would the company—which takes in between $1 million and $3 million annually... More

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