Tax Deadline Delayed

A little known holiday will give taxpayers three extra days to file their returns in 2011. The filing deadline is normally April 15, unless that day is a weekend or federal holiday, but this year the deadline has been pushed back to Monday, April 18. On April 15, a little known holiday celebrated in Washington, […]



Consideration of a Value Added Tax Decried

VATsmall

More retail taxes would only serve to cut jobs and raise prices, group says




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Update: Small Biz Jobs Act

SmBizSMALL

A new law quietly passed by Congress will have some significant impact on small businesses and the costs they undertake. How will you be affected?




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NY Tax Woes Hit Small Retailers

The ongoing economic doldrums are going to hit independent retailers in New York State particularly hard this year, according to the New York Association of Convenience Stores. Jim Calvin, president of NYACS, says the state’s lack of tax collection on cigarettes sold on Indian tribal lands is going to impact the mom-and-pop stores off the […]



Survey: VAT Increase Would Cut Consumer Spending

MoneySMALL

A Value-Added Tax being mulled in Washington has retailers worried. A survey says shoppers will cut spending if it’s enacted.




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Small Businesses Fear Expiring Tax Cuts

Independent retailers might be hit hard if tax cuts end.

Tax cuts that went into effect under former President George W. Bush are set to expire at the end of this year. That could be bad news for small business owners, the Wall Street Journal reports. “Because most small firms are structured so that they pay individual rather than corporate income taxes, some would be […]



Action on Death Tax

The head of the House Ways and Means Committee says he plans to begin work shortly on a permanent solution for the federal estate tax that was temporarily repealed for the year 2010. Other Bush Administration era tax cuts are also set to expire at the end of this year. “The sooner we do it […]



5 Small Biz Tax Tips

DEBTGURU.COM, a debt management company at www.DebtGuru.com, reminds small businesses that tax time is getting closer.




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Estate Tax Expiration

THE CONGRESSIONAL tax writing committees have allowed the federal estate tax to expire on January 1, 2010.




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