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Hearing: How Tax Compliance Obligations Hinder Small Business Growth

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Washington, July 21, 2015 | comments
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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 witnesses will testify about ways to reduce the complexity faced by small firms when preparing their taxes. 


Opening Statement:

  • Chairman Steve Chabot (R-OH)
  • Witnesses and Testimony: 

    Mr. J. Christopher Mihm
    Managing Director, Strategic Issues
    United States Government Accountability Office
    Washington, DC
    GAO Report

    Mr. Donald Williamson
    Professor, American University
    Executive Director, Kogod Tax Center
    Washington, DC
    Disclosure

    Mr. Troy Lewis
    Vice President
    Heritage Bank
    St. George, UT
    *Testifying on Behalf of the American Institute of Certified Public Accountants
    Disclosure

    Mr. Les Vitale
    Partner
    Local Markets Group
    McGladrey, LLP
    Boston, MA  

    Mr. Stephen F. Mankowski
    Partner
    EP Caine & Associates, LLC
    Bryn Mawr, PA
    Disclosure

    Additional Items:

  • Hearing Notice
  • Witness List
  •  

     

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