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  • Committee Probes Foreign Cyber Attacks on U.S. Small Businesses
    Posted in Press Releases on July 6, 2016 | Preview rr
    Tags: Technology

    Chabot: “Impacts both our national security and our economic security” WASHINGTON – Leading cybersecurity experts warned members of the House Small Business Committee today that American small businesses are at great and growing risk of cyberattacks from foreign hackers. Today’s hearing was part of the Committee’s ongoing effort to spotlight the cyber security threats faced by America’s 28 million small businesses and develop solutions to combat the threat. “Small business cyber security has be... Read more

  • One Size Does Not Fit All
    Posted in Press Releases on June 23, 2016 | Preview rr
    Tags: Regulatory Reform / Regulations, Workplace Issues

    Layoffs, Benefit Cuts Coming Soon Due to Obama Overtime Rule WASHINGTON – As the December 1, 2016 compliance deadline for the Department of Labor’s new overtime rule rapidly approaches, traditional small businesses, technology start-ups, and other small employers told the House Small Business Committee today that they may soon be forced to layoff workers, reduce benefits and lower wages to cover the costs of the new federally-mandated requirements. “The DOL has heralded this rule as a long-over... Read more

  • “FEAR FACTORS" : IRS Audits Used to Intimidate Small Businesses
    Posted in Press Releases on June 22, 2016 | Preview rr
    Tags: Taxes, Oversight

    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 ... Read more

  • Committee Holds Small Business Owners Roundtable on Cutting Government Red Tape
    Posted in Press Releases on June 15, 2016 | Preview rr
    Tags: Regulatory Reform / Regulations

    Job Creators Tell Committee Members: DOL Overtime Rule Bad for Their Businesses WASHINGTON – Today, House Small Business Committee Chairman Steve Chabot (R-OH) held a roundtable discussion with small business owners from across the country on how their businesses and workers will be harmed by the new overtime rule issued by theDepartment of Labor last month. Committee members and entrepreneurs discussed how the Obama Administration’s pattern of regulatory overreach has created an atmosphere of u... Read more

  • A Better Way to Grow Our Economy
    Posted in Press Releases on June 14, 2016 | Preview rr
    Tags: Taxes, Access to Capital, Energy, Regulatory Reform / Regulations, Rural America, Contracting

    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... Read more

  • REGULATION NATION: Rural Communities Paying the Price
    Posted in Press Releases on June 9, 2016 | Preview rr
    Tags: Access to Capital, Regulatory Reform / Regulations, Rural America

    Dodd-Frank Destroying Jobs, Communities in America’s Heartland WASHINGTON – Today representatives from community banks in America’s heartland told a key Congressional subcommittee how government regulations like the Dodd-Frank Act are killing small businesses in rural communities. The witnesses shared their stories with the House Small Business Subcommittee on Economic Growth, Tax and Capital Access about how new red tape like Dodd-Frank has killed jobs and devastated communities in rural Americ... Read more

  • Chabot Hails House Passage of Ozone Standards Implementations Act
    Posted in Press Releases on June 8, 2016 | Preview rr
    Tags: Regulatory Reform / Regulations

    Chabot Hails House Passage of Ozone Standards Implementations Act Bipartisan Measure Protects Jobs and Public Health WASHINGTON – House Small Business Committee Chairman Steve Chabot (R-OH) made the following statement after H.R. 4775, the Ozone Standards Implementation Act of 2016, was passed by the U.S. House: “Over the last seven years, we have seen a disturbing pattern of regulatory overreach by President Obama’s EPA. To make matters worse, this dangerous pattern has been accompanied by an ... Read more

  • "Beyond unacceptable, it is absurd”
    Posted in Press Releases on May 26, 2016 | Preview rr

    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... Read more

  • Overdue: Chabot, Chaffetz Press OMB on Paperwork Reduction Requirements
    Posted in Press Releases on May 26, 2016 | Preview rr
    Tags: Regulatory Reform / Regulations, Oversight

    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 ... Read more

  • An Uber-Taxing Experience for New Entrepreneurs
    Posted in Press Releases on May 24, 2016 | Preview rr
    Tags: Taxes, Regulatory Reform / Regulations, Workplace Issues, Technology, Oversight

    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... Read more