The Small Business Tax Help Blog

Posts Tagged ‘healthcare’

Question: Employment Tax Audit on Closed Business?

i received a forwarded letter from edd to inform me of an employment tax audit on my closed business. My corporation has been closed for several months. EDD wants my former corporation to pay 40k in tax penalties. What are my options? I no longer have this business.

Answer: As an officer and/or majority shareholder of the defunct corporation you are liable for any unpaid taxes. With this much money at stake, you’d be wise to consult with a local CPA or EA, and possibly an attorney.

Full text of Smoking Ordinance

The full text of the Smoking Ordinance to be voted on in November.

IRS Penalties, Audits, Benefit Plans 419e 412i

Question: Who knows the effects of Obama’s tax plan on small businesses better? Obama or small businesses?

Obama’s never run a business. Obama’s not the one running their businesses (yet). Obama’s not the one who’s been looking at how his tax plan is going to effect Joe the Plumber’s specific business.

Small businesses say they’ll have to lay people off. Small businesses say they’ll have to cut salaries. Small businesses say they’ll go out of business.

But hey, at least their employees will get a tax cut.

Answer: Barry will kill small business and the economy! He wants to "share the wealth" - BULL CRAP! I work hard for my money. He is trying to "punish" success. He's a blatant liar when he says otherwise!

I am so sick of this crap about the "rich" people that make over $250K. Many of those taxpayers are small businesses (Sched. C) and they will either raise costs or cut back (lay off employees). How's that going to help the economy, Barry?

Sure, the employees will get a big tax cut - no taxes at all since they will loose their jobs!

Kiffmeyer hosts small business roundtable

Small business owners from Big Lake, Monticello, Elk River, Princeton and other local cities came to Big Lake city hall Monday evening for a roundtable discussion with state representative Mary Kiffmeyer and government experts.

No Republicans Stand for Small Business Tax Cut

A bigger bill for big business

In 1931, cutting the minimum tax on corporations to $10 was such a simple proposition that the Oregon Legislature approved it unanimously. Flash forward nearly 80 years and the $10 minimum tax is once again on Oregon’s political agenda. But this time, the plan is to raise it. And that’s …

Small Business Advice – Interest, Health Insurance & Software

Question: How is Obama going to get small businesses to provide health care to its workers?

What if they cant afford it? Giving a tax break for something unaffordable is no help.

There are a LOT of people that work for small businesses.

A small business is under 100 employees.
paulcondo: Brilliant answer. You show a real depth of understanding on the issue. Not really…

Answer: By taxing them until the only way they can keep their doors open is to beg the Federal Government for money. Then as a condition of taking that money they will be forced to provide health care to their employees.

Durbin talks health care reform at chamber lunch

During a luncheon Monday at the Tinley Park Convention Center, U.S. Sen. Dick Durbin spoke to business owners and elected officials from around the region - and also the waitresses who served them tomato chicken with whipped sweet potatoes. The Chicago Southland Chamber of Commerce hosted the Senate's No. 2 Democrat, who discussed the health care reform bill he continues to refine with his ...

HR 3200 New Healthcare Bill Will Kill Jobs, Burden Small Business

Eaton Vance New York Bet Makes MacIntosh First Among Muni Funds

Jan. 5 (Bloomberg) — Eaton Vance Corp.’s New York Municipal Income Trust , using borrowed money to benefit from a revival of long-term debt, became the best-performing mutual fund investing in state and local bonds in 2009 after turning in one of the worst records the year before.

Boston EITC 2009