House, Senate Small Business Leaders Applaud Passage of Veterans Entrepreneurship Act

House, Senate Small Business Leaders Applaud Passage of Veterans Entrepreneurship Act Final Version of H.R. 2499 Waives 7(a) Fees for Veterans; Ensures Loan Guarantees through the End of Fiscal Year; Instates Preventative Measures at No Additional Cost WASHINGTON—House and Senate Small Business Committee leaders this evening applauded passage of the final version of H.R. 2499, the Veterans Entrepreneurship Act of 2015. The bill, which waives upfront fees for veterans applying for 7(a) express loans through the Small Business Administration (SB... [...]

HEARING: Modern Tools in a Modern World:

The Committee on Small Business Subcommittee on Health and Technology will meet for a hearing titled, “Modern Tools in a Modern World: How App Technology is Benefitting Small Businesses.” The hearing is scheduled to begin at 10:00 A.M. on Thursday, July 23, 2015 in Room 2360 of the Rayburn House Office Building. The Subcommittee will receive testimony on the increasing utilization of app technology and the implications for small American businesses, particularly in underserved regions of the country. The hearing will examine how apps improve bu... [...]

How Tax Compliance Obligations Hinder Small Business Growth

How Tax Compliance Obligations Hinder Small Business Growth WASHINGTON—A new Government Accountability Office (GAO) report on the burden small businesses face in complying with the increasingly complex tax code gave Small Business Committee Members, tax experts, and small business leaders much to examine in today’s full committee hearing. The report, commissioned by the Small Business Committee in 2013 to examine how characteristics of a small business affect its compliance process and burdens and how the IRS takes small business needs into co... [...]

Hearing: How Tax Compliance Obligations Hinder Small Business Growth

Taxes are a beast of a burden for small businesses. That's why on Wednesday, July 22, 2015 at 11:00 A.M. the Committee on Small Business will examine the tax compliance burden facing small firms and how the Internal Revenue Service (IRS) could reduce these compliance costs. The United States Government Accountability Office (GAO) will release a report at the hearing examining the efficacy of some IRS efforts to ensure tax compliance and a GAO official will testify about the potential complications those efforts cause for small businesses. Other... [...]

How Tax Compliance Obligations Hinder Small Business Growth

On Wednesday, July 22, 2015 at 11:00 A.M. the Committee on Small Business will hold a hearing titled: ​ "How Tax Compliance Obligations Hinder Small Business Growth." The hearing will be held in 2360 of the Rayburn House Office Building. The hearing will examine the tax compliance burden facing small firms and examine the effectiveness of actions taken by the Internal Revenue Service (IRS) intended to reduce these compliance costs. The United States Government Accountability Office (GAO) will release a report at the hearing examining the effic... [...]