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 witnesses will testify about ways to reduce the complexity faced by small firms when preparing their taxes.
Witnesses and Testimony:
Mr. Les Vitale