The House Ways & Means Committee held a mark up today on legislation to address the Alternative Minimum Tax (AMT) which included a provision that would increase both the tax compliance burden and business costs for micro-business and the self-employed.
Posted on
Jun 18, 2008
Expanding information reporting by requiring credit and debit card issuers to report business owners’ annual electronic payment transactions to the IRS is just one of the many alarming tax gap recommendations which would increase tax regulation on small business.
Posted on
Jun 12, 2008
The National Association for the Self-Employed (NASE) understands the current budget situation our country is facing and supports efforts to work towards minimizing the federal deficit. However, we feel that the Administration’s proposals relating to the tax gap would hinder tax compliance while also significantly impairing our nation’s entrepreneurs.
Posted on
Apr 24, 2008
NASE Tax Consultant Keith Hall testified on Capitol Hill regarding the importance of utilizing plain language in federal government forms and publications; and how reducing the confusion and complexity surrounding government forms and publications will benefit many small-business owners.
Posted on
Feb 26, 2008
Rising health care costs are significantly hurting micro-business and impairing their ability to grow, compete and succeed. The NASE supports the increase in competition among health care carriers in the small group market to encourage lower premium costs.
Posted on
Oct 25, 2007
A key obstacle facing small and micro-businesses is the lack of access to financing, which is essential for their start up and continued growth. One opportunity is the SBA’s loan programs. The NASE discusses the issues small business owners have in acquiring outside capital and advocates support, increased funding and improvements for the SBA Micro-loan program.
Posted on
Jul 12, 2007
Unfair tax codes are the chief complaint to the Internal Revenue Service from self-employed and micro-businesses. Vague rules and complex forms are often the source of
non-compliance. NASE highlights some of the pros and cons of some of the proposals and includes alternate recommendations to increase compliance without burdening your business.
Posted on
Apr 26, 2007