Posts Tagged ‘small businesses’
If you don’t believe small businesses are benefiting from tax reform, ask the accountant!
Tax reform is still working and small businesses are really enjoying the benefits! Don’t believe us? Ask accountant Kalena Bruce! Bruce breaks down the benefits that small businesses gain from tax reform and what it all means for those who don’t quite understand the technicalities. The Daily Signal has the commentary: The new tax structure…
Read MoreThanks to tax cuts, millennials are embracing entrepreneurship in Trump era
According to a recent analysis by MetLife insurance, more millennials are leaving their traditional 9-to-5 jobs in the hopes of starting their own businesses and they have President Trump’s tax cuts and a booming economy to thank. The Washington Examiner has the details: According to recent analysis by MetLife insurance, four in 10 millennials are…
Read MoreKen Blackwell: “Internet sales tax would be a rejection of our nation’s long-held belief in no taxation without representation.”
If the Supreme Court rules that businesses without a physical presence in a state must collect and remit sales tax, the decision would harm hundreds of thousands of small businesses across the nation and change the Internet economy for the worst. Townhall has Ken Blackwell’s cometary: An entrepreneur who starts an online business should not…
Read MoreIt’s National Small Business Week; here’s how you can celebrate
President Trump designated this week as National Small Business Week to honor entrepreneurs and small businesses of all sizes. “Small-business owners embody the American pioneering spirit and remind us that determination can turn aspiration into achievement,” Trump said in his proclamation of small business owners. He’s definitely right! Small businesses are the backbone of the…
Read MoreThanks to President Trump’s tax reform, the Gig-economy is booming
There are nearly 24 million hard-working Americans who participate in the “gig economy,” including Uber drivers, web designers, and contractor janitors. These are some of the smallest of small businesses and beginning next year, they will see large reductions in their taxable income thanks to President Trump’s historical tax reform. The National Review has the…
Read MoreThe passage of tax reform brings back the bull market
It’s been two weeks since the GOP tax reform package was signed into law and we’re already seeing a rise in the stock market. The Dow closed at 25,000 for the first time in history today and it’s only going to get better for businesses and investors. Fox Business has the story: The White House…
Read MoreThe Best Christmas Gift of 2017: Tax Reform
The GOP’s tax reform plan is the Christmas gift that we’ve all been waiting for and could be the gift that keeps giving. It has the potential to bring historic tax cuts, more money in our pockets and a brighter future for our families and our country. President Trump has tirelessly pushed for Congress to…
Read MoreThe ‘American Dream’: No longer a ‘dream’ for small businesses
Small business owners across the country are struggling and many feel that struggle is due to our high tax rates and our outdated and needlessly complex tax code. Many small businesses pay a federal marginal tax rate of 40 percent, which places small business at a drastic disadvantage compared to foreign competitors. As a result,…
Read MoreFamily of 7 fears fourth-generation cattle ranch will suffer under current tax code
The Elingson family is one of many families who fear losing their business if Congress does not pass significant tax reform that reduces their tax burden. In many cases, small family businesses, including local farms and ranches, are forced to sell equipment and parts of their family businesses to compensate for paying burdensome taxes, including…
Read MoreSmall-business owner: Tax reform for all ‘not a political event’ but an ‘an American event’
For many struggling Americans, tax reform is critically important because it could lead to economic growth that would generate better-paying jobs and higher take-home salaries for everyone. Real, effective tax reform would be a huge boost to the small business owners who help drive our economic success. The Daily Signal has the inside scoop: For…
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