A court ruling from December of 2012 could result in many small business investors in California owing large sums of money in back taxes from a practice now deemed unconstitutional. Five years ago many small business investors in California were promised a tax break. The investors were told that if they invested in specific types […]
Current Events
Small Businesses Suffer From Recent Shutdown
Small businesses suffer from recent shutdown. Although government employees suffered the most from the recent government shutdown, many small business owners also suffered a hard hit. Any small business that interfaced with in any way with government agencies or government services probably experience some adverse economic effects. These included loss of revenue and lost opportunities, […]
Obamacare Delays for Small Businesses
Small business owners are the latest victims of recent changes to the time constraints and provisions of Obamacare. Although others have certainly encountered problems with the implementation of this new healthcare directive, it seems that small businesses have recently been dealt more than their fair share of stumbling blocks. Obamacare delays for small businesses: According […]
Business Tax Guide To Obamacare
In 2015, major tax provision changes will take place due to Obamacare. These changes will impact employers, pharmaceutical manufacturers and those in other health related industries. This blog will serve as a business tax guide to the key provisions of Obamacare. Health Insurance Tax Credit for Small Businesses: In 2015, a company with less than […]
Fewer Households Paying No Federal Income Tax
A new analysis from the Tax Policy Center predicts that the number of households who aren’t paying any federal income tax has dropped. It seems fewer households are paying no federal income tax. The analysis further projects that this percentage will continue to decrease in the coming years due to the expiration of provisional tax cuts […]