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Despite Long To-Do List, August Recess Begins

Despite Long To-Do List, August Recess Begins

At the end of this week, all of Congress will begin their August recess during which they will tend to district matters, constituent meetings and ongoing fundraising efforts. Unfortunately, their to-do list remains long and challenging.

NSBA Economic Report: Small-Business Outlook Dims

NSBA today released its 2015 Mid-Year Economic Report which shows a small-business community with a less positive outlook on the overall economy than just six months ago. Regardless, the majority remain confident in their own business with projections of growth in the coming year.

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National Taxpayer Advocate FY 2016 Objectives

Recently, National Taxpayer Advocate Nina Olson released her Objectives Report to Congress for FY 2016 which focuses on tax-related identity theft and administration of the Affordable Care Act.

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NSBA’s Tom Mathison Testifies: Tax Simplification a Must

NSBA Trustee and Taxation Committee Chair Tom Mathison testified today before the Senate Committee on Small Business and Entrepreneurship on the need for broad, long-term tax reform as well as immediate steps to simplify the system.

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Senate Finance Approves Tax Extenders Bill

Yesterday, the Senate Finance Committee approved legislation to address the temporary tax deductions, credits and incentives that expired at the end of 2014, or so-called “tax extenders,” in an effort to avoid another last-minute extension.

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NSBA Endorses Sen. Vitter Tax Compliance Relief Bill

NSBA is endorsing legislation from Senate Small Business and Entrepreneurship Committee Chairman David Vitter (R-La.) which aims to help alleviate the administrative burden of tax compliance on small-business owners.

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House to Consider Making R&E Tax Credit Permanent

On Wednesday, the House is expected to vote on legislation (H.R. 880) introduced by Reps. Kevin Brady (R-Texas) and John Larson (D-Conn.) that will improve and make permanent the R&E tax credit.

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Tax Reform & Small Business Briefing Call

On May 6 at 2:00 p.m. EDT, NSBA will hold an issue briefing call to discuss broad tax reform and where legislation stands in Congress, featuring NSBA leadership and external tax experts.

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What Tax Day Means for Small Firms

With tax day upon us, NSBA is urging small-business owners and policymakers alike to consider the massive burden posed by the federal tax code, and get engaged on the topic.

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House Expected to Vote to Repeal Estate Tax

This week, the House is expected to vote on the Death Tax Repeal Act of 2015, which would permanently repeal the estate tax, the first House vote on stand-alone repeal legislation since 2005.

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