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Wednesday, December 8, 2010

postheadericon The small business case for extending tax cuts

Congress has important work to finish before the 111th Congress comes to a close. Much of its agenda includes priorities that are critical to the nation’s smallest businesses. While the recent passage of the Small Business Jobs Act was a major accomplishment, small businesses also need relief from onerous paperwork burdens created by the IRS Form 1099 expansion provision hidden deep within the healthcare reform legislation, as well as resolution of a suite of tax issues, including the Alternative Minimum Tax (AMT), the estate tax and the Bush-era tax cuts.

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