Categories

COMMMUNITY CONTENT

POSTS & COMMENTS

Blogroll

Whitman

• Internet Sales Tax Fix Helps/Hurts Small Businesses

  by Lamar Whitman on Friday, July 20, 2012

  Tags: Small Business Owners , public advocacy , smallbiz , Advocacy , Whitman , taxes

  Interest is growing in requiring all remote sellers to collect and remit sales taxes for products and services sold from State A to State B.  For a number of years, states have been concerned over the loss of revenue resulting from their inability to enforce payment of use taxes by residents who purchase products and ... Read More

  Comments (2)

  Category:

• IRS Releases New Tax Gap Estimates: 30% Attributable to Small Businesses

  by Lamar Whitman on Thursday, January 12, 2012

  Tags: Small Business Owners , public advocacy , smallbiz , Advocacy , tax gap , Whitman , IRS , taxes

  The IRS just released an update of its “tax gap” estimate, last revised in 2006 for the 2001 tax year.  This study found that in 2006 lost tax revenues amounted to $450 billion, up from $345 billion in 2001.  The “tax gap” is an important budget item as it represents the IRS’ estimate of ... Read More

  Comments (1)

  Category:

• Tax Efforts Successful in 2011; Work Ahead in 2012

  by Lamar Whitman on Monday, January 09, 2012

  Tags: Small Business Owners , public advocacy , smallbiz , Advocacy , Whitman , taxes

  While the tax agenda for small businesses faces a number of challenges in 2012, there were two major successes in 2011.  Congress repealed two provisions that should never have been enacted in the first place:
  

  
  
  1. New Form 1099 filing requirements and
  
  
  2. 3% withholding on government contracts.
  
  

  
  Both of these provisions found their way into ... Read More

  Comments (0)

  Category:

• Crowdfunding, Equity Capital Legislation Still in Play

  by Lamar Whitman on Friday, December 16, 2011

  Tags: Small Business Owners , public advocacy , crowdfunding , smallbiz , Advocacy , Whitman , brown

  The Senate Banking Committee held a hearing on December 1, to consider whether easing the procedures for raising equity capital would impact job growth.  CompTIA submitted testimony for this hearing urging Congress to increase the small issuer exemption and enact crowdfunding.
  
  Concerning the small issuer exemption, legislation that passed the House overwhelmingly on November 2 ... Read More

  Comments (2)

  Category:

• Senate Votes 3% Withholding Repeal; Veteran Tax Credit Attached

  by Lamar Whitman on Friday, November 11, 2011

  Tags: Small Business Owners , public advocacy , smallbiz , Veterans , Advocacy , Whitman , taxes

  CompTIA consistently has called for repeal of the 3% federal tax withholding on government contracts.  Finally, the Senate has acted, passing H.R. 674 by a vote of 95-0.  This follows overwhelming passage by the House on October 27.  However, the bill must now return to the House for a vote, as an amendment (which passed ... Read More

  Comments (0)

  Category:

2. 1
3. 2
4. 3
5. 4
6. 5
7. 6
8. 7
9. 8
10. Next page