Category Archives: Taxation

Small Business and the Plan To Socialize Medicine

New York Democrat Nydia Velázquez chairs the small business committee in Congress. This week she went to bat for small businesses, writing a letter to her leadership asking them to change the socialized medicine plan being developed to make it … Continue reading

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Tax Court Gives Entrepreneurs Good News

In a government environment increasingly hostile toward entrepreneurs and innovators, the United States Tax Court has made an extremely beneficial ruling. The decision, written up here in the Wall Street Journal, allows people who invest in start-up operations to deduct … Continue reading

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Sales Tax Holidays Stay

Summertime “back to school” sales tax holidays are very popular with politicians. With the troubled economy, they seem more willing to raise small business taxes than to eliminate sales tax exemptions for special groups of voters. WebCPA reports on the … Continue reading

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Big Brother Takes a Closer Look

A federal General Accounting Office report says a pilot program whereby some California businesses were denied a business license renewal until they got current with their federal tax returns “has shown promise in improving federal tax compliance”. Many small public … Continue reading

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