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Small business owners, independent contractors and gig workers soon will be getting 1099-K tax forms if they used any payment platform on which they had at least $5,000 in business transactions in ...
If the TCJA expires, approximately 26 million small businesses would be hit with a 43.4% tax rate, potentially damaging the economy over the short and long-term.
However, shareholders of S corporations and mutual funds are taxed currently on corporate income, and do not pay tax on dividends. Almost half of all private employment in the United States is within businesses that do not pay a corporate tax, but which rather pass the business income through to the owners’ individual income taxes. [1]
Any business making less in taxable gross income than the B&O exemption does not pay the tax — although generally they still have to file. In 2022, Bremerton raised the minimum B&O exemption ...
Since Small Business Majority began working on clean energy issues in 2010, the organization has commissioned a wide body of opinion research to determine small business owners’ views on clean energy policies and the perceived effect of those policies on their businesses and the economy as a whole. The organization also conducts in-depth ...
A professional investor contemplating a change to the capital structure of a firm (e.g., through a leveraged buyout) first evaluates a firm's fundamental earnings potential (reflected by earnings before interest, taxes, depreciation and amortization and EBIT), and then determines the optimal use of debt versus equity (equity value).
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