Small businesses could receive a tax break, if the U.S. Senate can pass the Small Business Jobs and Tax Relief Act, an estimated $28.5 billion tax-refund program that will be on the Senate floor this week.
According to a recent study by Regional Economic Models Inc., the tax cut may create up to 1 million jobs nationwide, including 27,000 in North Carolina. Most of those jobs would be in health care, construction, manufacturing, finance and retail industries, the study says.
Read more about the Small Business Jobs and Tax Relief Act in today's Charlotte Business Journal.
Gerald Yarborough is a former IRS Agent with over 30 years of tax experience, who knows how to stand up to the IRS to protect your rights. Clients have the advantage of our IRS experience along with the exceptional service we provide when we prepare tax returns. Services include Tax Preparation, Deliquent Tax Return Preparation and Audit Representation. Contact us today to discuss your tax needs at (704) 759-3900 or (800) 270-8616.
Showing posts with label Tax Relief Act. Show all posts
Showing posts with label Tax Relief Act. Show all posts
Wednesday, July 11, 2012
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