“…78 percent of small businesses believe that taxation, regulation and legislation from Washington make it harder for businesses to hire more employees — and 74 percent blame the recent health care reforms passed by the Obama administration for creating an impediment to job creation.” … Read more »

“…78 percent of small businesses believe that taxation, regulation and legislation from Washington make it harder for businesses to hire more employees — and 74 percent blame the recent health care reforms passed by the Obama administration for creating an impediment to job creation.” … Read more »

By Pete Kasperowicz; The Hill Republicans signaled Wednesday that repealing a controversial tax provision in the healthcare law is one of their most pressing priorities. House Republicans have re-numbered the bill repealing the tax requirement as H.R. 4, signaling it will be one of their first pieces of business. The bill would repeal language requiring companies, starting in 2012,… Read more »

By Carol Tice; Entrepreneur.com Daily Dose The past year was a rollercoaster for business owners hoping for tax relief, but help finally arrived right at the end of the year in the form of the Tax Relief and Unemployment Insurance Reauthorization, and Job Creation Act of 2010. Here's a look at what's changed and what you need to know about business tax changes.  Tax expert Barbara… Read more »

By Gail Buckner; Fox Business What’s the most common form of business in this country?  (Hint: it’s not “corporation.”)  In fact, the United States is the only developed nation in the world where the majority of companies are not what the IRS calls “C” corporations -- the kind that make up the S&P 500.  Instead, according to Brad Close of the National Federation of Independent… Read more »

By Jeff Cornwall; Christian Science Monitor The IRS seems to have it in for small businesses these days. There is the new rule recently passed that require the issuance of 1099's for any purchase over $600. Many fear that this is lays the groundwork for an additional new tax system based on a Value Added Tax. It has already begun to slow entrepreneurial growth, according to House… Read more »

By Timothy Homan; Bloomberg News Employers in the U.S. are starting to warn their workers to prepare for slimmer paychecks if Congress fails to vote on an extension of Bush-era tax cuts. “I’ve been doing payroll for probably close to 30 years now, and never have we seen something like this where it gets that down to the wire,” said Dennis Danilewicz, who manages payroll services for… Read more »

By Jaf Heflin; The Hill Despite repeated requests from House Small Business Committee ranking member Sam Graves (R-Mo.) for how the IRS intends to implement the 1099 reporting rule, IRS Commissioner Douglas Shulman continues to decline to provide him the information. "I am extremely disappointed by the IRS's ongoing refusal to help employers understand the impact of this hefty… Read more »

By John D. McKinnon; Wall Street Journal The uncertainty over looming tax increases is starting to affect both investing and corporate decision-making. The economy remains the biggest factor in many investors' and businesses' decisions. But worries over whether Congress will extend some or all of the expiring Bush-era tax breaks are emerging as an important one. Stock prices of… Read more »

By Caroline Harris; The Washington Times As our economy meanders down the road to recovery, yet to hit its stride, the American dream slides out of reach for too many. Nearly one in 10 Americans can't find work. If you consider those who have given up looking or settled for part-time work, that number jumps to nearly one in five. Things are bad - and they are about to get worse. On… Read more »