Committee Spotlights Abusive IRS Tactics WASHINGTON – Today, Small Business Committee witnesses told Congress that increasingly aggressive audits by the Internal Revenue Service (IRS) are harming innocent small businesses, forcing some to close their doors entirely. “The IRS has an obligation to provide small businesses with clarity and to treat all taxpayers with fairness and respect,” said House Small Business Committee Chairman Steve Chabot (R-OH). “The agency has failed repeatedly in meetin...
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WASHINGTON – Today small business owners and advocates told a key Congressional subcommittee that increasingly aggressive audit tactics by the Internal Revenue Service (IRS) have been used to intimidate small companies, creating an atmosphere of fear and uncertainty in the small business community. “In the administration of the tax code, the IRS has dual roles: collection and enforcement,” said Subcommittee on Economic Growth, Tax and Capital Access Chairman Tim Huelskamp (R-KS) in his opening ...
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Third Plank of Bold Agenda Includes More Than 100 Ideas to Tackle Excessive Regulations, Develop American Energy, and Promote Financial Independence From the Office of the Speaker: WASHINGTON—Today, House Republicans unveiled a plan to grow our economy by tackling excessive regulations, developing American energy, and promoting financial independence for people who work hard and do the right thing. It is our vision for a Confident America that is the best place in the world to live, work, build...
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TaskRabbit, Experts Describe Challenges of the Sharing Economy to Congress WASHINGTON – A representative for the on-demand platform company TaskRabbit told the House Small Business Committee today that the current tax, regulatory and legal climate threatens the success of entrepreneurs in the new sharing economy. The panel of experts described to lawmakers the bevy of new tax compliance challenges faced by small employers, employees and their customers as they navigate the online, app-driven sh...
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John Ratzenberger Pitches American Manufacturing to Congress WASHINGTON – Emmy-nominated actor and “Made in America” advocate John Ratzenberger told members of the House Small Business Committee that the face of American manufacturing has changed dramatically in recent years, presenting new job opportunities for millions of Americans. Ratzenberger, best known as Cliff Clavin from the sitcom Cheers and the voice of Hamm from Pixar’s Toy Story movies, testified alongside a panel of small manufact...
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Lawmakers Hear from Popular Small Biz Experts WASHINGTON – Today a panel of well-known entrepreneurs shared their personal stories with Members of Congress about what it takes to start a successful small business and what Washington can do to help aspiring entrepreneurs start, grow and expand their business. Coming days after National Small Business Week, the experts and members of the House Small Business Committee had a spirited discussion on the best ways Washington can empower entrepreneurs...
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CINCINNATI - House Small Business Committee Chairman Steve Chabot (R-OH) stopped by Fox Business Network's "Mornings with Maria" today to discuss National Small Business Week and the work the Committee is doing to reduce the tax and regulatory burden on America's 28 million small businesses. VIDEO: Watch Chairman Chabot's Full Interview Here
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FACT: 99.7 Percent of Businesses with Employees are Small Businesses WASHINGTON –Members of the Small Business Committee have joined together to introduce a bipartisan House resolution celebrating the first week of May as “National Small Business Week.” “America’s 28 million small businesses are the backbone of our economy,” said House Committee on Small Business Committee Chairman Steve Chabot (R-OH). “This bipartisan resolution reminds these job creators that regardless of our political parti...
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Ohio Entrepreneurs Share their Success Stories WASHINGTON – Days before National Small Business Week, members of Ohio’s small business community stressed to lawmakers the importance of protecting and strengthening a plan used by many small companies to help their employees save for retirement. "With National Small Business Week right around the corner, we must do all we can to support America’s 28 million small businesses which are responsible for seven out of every ten new jobs created," said H...
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Small Business Committee Calls for Cutting Red Tape on Small Biz Click to Read Chabot’s Op-Ed for FoxNews.com on Reducing Regulatory Burdens WASHINGTON – Days before the filing deadline for federal income taxes, members of the small business community told Congress that new government regulations are making it harder and more costly for small companies to start, grow and expand their business. Witnesses at today’s hearing described how new rules from the Obama administration are a “hidden tax” ...
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