07/09/2010
Hey, I hope everyone has a great weekend. Thought for you, as you do:
If you suddenly woke up, and your known federal tax obligations had risen by 15% overnight, what would you do? Because that's what's coming in a few months for many small businesses.
Enjoy your weekend! :)
http://abcnews.go.com/Business/article/big-tax-increase-facing-small-business/story?id=10881523
While a possible increase in taxes on the "carried interest" of hedge fund and private equity money managers is getting all the attention, in the same bill Congress is also creating a tax mess for small-business owners in the form of an $11 billion tax hike over the next 10 years. The tax incre...