How Would Tax Increases Affect Your Small Business?

Posted by stillwagon428 under Taxes
From http://www.openforum.com 4383 days ago
Made Hot by: RonDon on November 22, 2012 8:58 pm

As in every presidential election, taxes were a huge issue for voters this year. With the election over, Congress is facing some serious questions about how they will handle the pending “fiscal cliff” at the end of this year, when planned spending cuts kick in and Bush-era tax cuts expire. What does it all mean to small-business owners?

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Comments

Written by lyceum
4383 days ago

When is it time to simplify the tax code and make it easier for small business owners to run the daily routine, without all the hassle and red tape? Who will pay for the additional tax burden in the long run?

From the post:

"If taxes rise further, the majority (66 percent) of small-business owners plan to deal with it by passing the added costs on to their customers."

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