For the past ten years, I’ve been a sole proprietor who pays taxes using personal income tax returns. I’d never considered establishing an LLC (limited liability company). Should I?
The Coronavirus Aid, Relief, and Economic Security (CARES) Act grants massive tax relief for business losses, but most of the benefits will be reaped by...
House Ways & Means Committee Chairman Kevin Brady’s recently-introduced tax plan promises to cap the income tax rate for income generated by pass-through businesses at...
Tax policy debates often focus on entrepreneurs, those risk-takers who build businesses from scratch. In an effort to better understand how innovators who create new...
Hillary Clinton has proposed a package of measures , including some important tax changes, aimed at making life easier for small businesses. They aren’t especially...
Value-added taxes (VATs) have been attracting growing attention in the United States. GOP presidential hopeful Ted Cruz has proposed a VAT as part of...
While there is no chance that Congress will agree to broad-based tax reform before the next president takes office in 2017, lawmakers are making one...
Small business owners are more concerned with the complexity of state and local tax laws than with the amount of tax they pay, according to a recent...