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4 Huge ‘Tax’ Increases That Could Affect Your Business
Small-business confidence remains significantly below pre-recession levels. Why? It isn’t just the cold winter, the uncertainty, and the sluggish growth. Ask any of my more than 500 small and midsize clients and one common theme will come up: taxes. Most of the business owners I know pay anywhere from 20 to 30 percent of their net income to the federal government, between Social Security, Medicare, and corporate or individual taxes. And this excludes state, local, sales, and other taxes. It’s a big number for all of us. And we’re concerned that it’s going to only get worse…Read More
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