By Martin Vaughan and Corey Boles; Wall Street Journal
Karen Port of St. Louis fears that President Barack Obama's plan to let tax rates rise for top earners will be a double whammy for her hot-tub dealership.
Not only would the company—which takes in between $1 million and $3 million annually in gross sales—pay taxes at a higher rate, but the tax increases could leave less money… Read more »
By Brent Martin; MissouriNet
A member of Missouri’s Congressional delegation would like to see Congress extend the tax cuts enacted by President Bush, but doesn’t see that happening.
Northeast Missouri Congressman Blaine Luetkemeyer says he has been traveling throughout his Congressional district, which actually extends all the way south to Osage Beach with a portion even below I-44.… Read more »
By Ken Newton; St. Joe News Press
The Alamo stands as a symbol of defiance in a fight for independence. Thanks to lax oversight, it would also stand as a business address for a taxpayer-funded federal loan.
This came to light Wednesday afternoon as an auditor of Small Business Administration programs testified before a Congressional committee. The top Republican on the panel,… Read more »
By Neil deMause; CNN Money
An all-but-overlooked provision of the health reform law is threatening to swamp U.S. businesses with a flood of new tax paperwork.
Section 9006 of the health care bill -- just a few lines buried in the 2,409-page document -- mandates that beginning in 2012 all companies will have to issue 1099 tax forms not just to contract workers but to any individual or… Read more »
On Wednesday, April 14th, the House Committee on Small Business will hold a hearing entitled, “Entrepreneurs and Tax Day: How IRS Policies and Procedures Impact Small Businesses.”
The hearing will examine IRS policies on non-compliant taxpayers, customer service, and the administration of recent tax policies affecting small businesses. Internal Revenue Service (IRS) Commissioner… Read more »
By Ken Newton, St. Joseph News-Press
When Congressman Sam Graves hears about fiscal responsibility in Washington, his attitude is: Don’t hold your breath.
Trouble is, he says, businesses are holding their breath waiting to see what new taxes might affect them.
“A lot of businesses don’t want to add jobs because they don’t know what’s going to happen around the corner,” the lawmaker… Read more »
Opening Statement
Ranking Member Sam Graves
House Committee on Small Business
Hearing: “Small Businesses and the Estate Tax: Identifying Reforms to
Meet the Needs of Small Firms and Family Farms”
November 4, 2009
Madam Chairwoman, thank you for calling this hearing on the very important topic of the estate tax. Special thanks to our witnesses who have taken time from their busy… Read more »
The House Committee on Small Business will hold a hearing entitled "Small Businesses and the Estate Tax: Identifying Reforms to Meet the Needs of Small Firms and Family Farmers." The hearing will take place on Wednesday, November 4, 2009 at 1:00 p.m. in Room 2360 Rayburn House Office Building. The Committee will evaluate ways to improve current laws to ensure that small firms can… Read more »
*** COMMITTEE HEARING***
Hearing: “The State of the Nation’s Housing Sector: An Examination of the First Time Buyer’s Credit and Future Policies to Sustain a Recovery.”
WASHINGTON- The House Committee on Small Business will hold a hearing entitled, “The State of the Nation’s Housing Sector: An Examination of the First Time Buyer’s Credit and Future Policies to Sustain a Recovery,” on… Read more »
Hearing: “The State of the Nation’s Housing Sector: An Examination of the First Time Buyer’s Credit and Future Policies to Sustain a Recovery”
WASHINGTON- The House Committee on Small Business will hold a hearing entitled, “The State of the Nation’s Housing Sector: An Examination of the First Time Buyer’s Credit and Future Policies to Sustain a Recovery,” on Wednesday, October 7, 2009… Read more »