National Taxpayer Advocate: IRS Not Helping Entrepreneurs in the Sharing Economy WASHINGTON – The National Taxpayer Advocate told members of the House Small Business Committee today that the Internal Revenue Service (IRS) has not been helping Americans navigate tax rules and regulations in the new sharing economy. Today’s hearing was the second in a two-part series held by the Committee examining tax compliance challenges for entrepreneurs in the sharing economy. “When the IRS is behind the time...
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WASHINGTON—House Small Business Committee Chairman Steve Chabot (R-Ohio), joined by House Oversight and Government Reform Committee Chairman Jason Chaffetz (R-Utah) today asked the Office and Management and Budget for a long overdue status update on the federal paperwork burden. Chairmen Chabot and Chaffetz, whose Committees have jurisdiction over the Paperwork Reduction Act, pointed out to OMB Director Shaun Donovan that “the Office of Management and Budget (OMB) is required to annually submit ...
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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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WASHINGTON - House Small Business Committee Chairman Steve Chabot (R-OH) made the following statement on House passage of the 55th National Defense Authorization Act (NDAA): “The contracting reforms included in this year’s NDAA will provide new and improved opportunities for America’s 28 million small businesses to compete for defense contracts so that we can get the best possible products in the hands of our war fighters and make sure the tax payers get the most bang for their buck. I want to t...
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WASHINGTON – Today, entrepreneurs shared their personal stories with the House Small Business Committee about providing employment opportunities for adults with autism, Down syndrome and other intellectual or developmental disorders, syndromes, or disabilities. Witnesses told members of the Committee how these individuals boost morale and productivity in the workplace while raising awareness about the untapped talents and abilities of this often-overlooked community. “For adults with intellectua...
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Says Rule Threatens Success of Small Businesses and their Employees WASHINGTON - House Small Business Chairman Steve Chabot (R-OH) made the following statement after the Department of Labor announced its final overtime rule, which will hurt small employers and their employees: “Yet again, President Obama has chosen to ignore desperate pleas from millions of America’s small businesses and whack them with a new regulation that will result in job losses, demotions, less flexibility, lower wages, a...
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Look to US Small Businesses to Supply War Fighters By Chairman Steve Chabot (R-OH) Defense News May 16, 2016 For 55 years, the National Defense Authorization Act (NDAA) has been the primary way Congress meets its constitutional responsibility to “provide for the common defense.” As a vital national security policy bill, the NDAA has always provided our war fighters with the resources they need to defend the United States from the great and varied threats we face from adversaries around the word....
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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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WASHINGTON—House Small Business Committee Chairman Steve Chabot (R-Ohio) today announced that next week’s full committee hearing, which will focus on small businesses that provide employment opportunities for adults with intellectual or developmental disorders, syndromes, or disabilities, will feature a local Cincinnati business owner. Terri Hogan, owner of Contemporary Cabinetry East in Cincinnati, will share her story about how her company came to provide employment opportunities for individua...
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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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