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And the Stimulus Winners Are... Small Businesses
From tax perks to spending projects, the plan provides boosts small businesses need.
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AL |
Posted: 12:23 PM On March 30, 2009 |
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| Any benefits to small business from Spendulus will be more than offset by income tax increases, the potential for self-employment tax increases, increased cost of energy due to cap and trade and inflation/devaluation of the dollar due to excessive spending. Looks like another BO cheerleader wrote this article. |
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AL |
Posted: 11:06 AM On March 30, 2009 |
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| Any benefits to small business from Spendulus will be more than offset by income tax increases, the potential for self-employment tax increases, increased cost of energy due to cap and trade and inflation/devaluation of the dollar due to excessive spending. Looks like another BO cheerleader wrote this article. |
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MC |
Posted: 7:36 PM On March 7, 2009 |
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| Noted in this article is a very pernicious little trap called the Alternative Minimum Tax. After days and days of carefully preparing your return, submitting it, and waiting for the refund you deserve, you can receive notification that you owed the AMT not what you honestly figured your tax to be. This is something that needs to be eliminated. I am all for a national sales tax and trash the system we have now. It is way to complex and confusing. I remeber a few years ago Good Morning America took the same info to 7 accounting firms across the nation and got 7 different answers with a variance of thousands of dollars in tax owed. Those returns were all judged technically correct by the IRS. Something is dead wrong with this system. |
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Chad G |
Posted: 11:31 PM On February 24, 2009 |
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| Serious sell job going on in this piece. Who's kidding who? There is nothing to smile about for small biz in this 'stimulus' bill. Government bids are rarely awarded to small biz because there's not enough political contribution comes from truly small biz. Small biz can smile about being creative and resourceful. Hopefully, we won't all be working for the government soon. |
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Brian T. |
Posted: 6:26 AM On February 23, 2009 |
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| It's nice to know there are still dreamers (like the author of this article). The pathetic $400 tax break will not 'do the trick'; it will be swallowed up by rising prices...especially energy prices. |
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naresh |
Posted: 11:01 PM On February 16, 2009 |
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for more details
www.divinesaints.com |
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DH |
Posted: 1:54 PM On February 16, 2009 |
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| The increase in Sec 179 will be beneficial, but without revenues, it becomes immaterial. |
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bettis |
Posted: 1:13 PM On February 16, 2009 |
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with such an urgency to get the bill passed (remember, if the bill wasn't enacted posthaste, we would enter into the next great depression), this line made me laugh:
'It may take some time for that money to trickle down to small businesses, however. The Congressional Budget Office doesn't expect most of the spending to begin until 2010.'
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Rose L |
Posted: 12:10 PM On February 13, 2009 |
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| What is the definition of Small Business? |
