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From the category archives: GA - Tax Relief & Fiscal Policy

ABC Applauds Bill That Would Repeal the Health Insurance Tax

As part of the Stop the HIT Coalition, ABC Feb. 15 applauded the introduction of the Jobs and Premium Protection Act of 2013, a bill that would repeal the health insurance tax (HIT) provisions in the Patient Protection and Affordable Care Act (PPACA). Read the rest of entry »

Congress Passes Year-End Tax Compromise, Delays Spending Cuts

Both the U.S. Senate and the U.S. House of Representatives Jan. 1 passed legislation to permanently extend Bush-era tax policies for most income levels, softening the blow of the fiscal cliff after allowing individual rates to expire for nearly 24 hours.
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Video: ABC Member Talks About Effect of Year-End Tax Hikes on Small Businesses

Jerry Gorski, president of Gorski Engineering, Inc., Collegeville, Pa., was featured in a video by U.S. House of Representatives Majority Whip Kevin McCarthy (R-Calif.) titled, “This is Small Business.”
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Don’t Raise Taxes on Businesses, Groups Tell Congress

ABC joined 39 other organizations Nov. 27 in sending a letter to leaders in the Senate and the House urging them to avert the looming fiscal cliff of expiring tax provisions and automatic spending cuts that will effectively raise taxes on the majority of small businesses next year.
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Obama Shuts Out Small Businesses From Fiscal Cliff Talks

President Barack Obama will be holding a summit Nov. 16 at the White House with congressional and corporate leaders to discuss the impending year-end tax increases and spending cuts, known as the fiscal cliff. In a Nov. 14 statement, ABC expressed concern over the troubling exclusion of small businesses from the summit.
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The IRS Provides Tax Relief To Hurricane Sandy Victims

Following the hurricane that hit states along the East Coast, the Internal Revenue Service (IRS) has released multiple resources to help victims financially and emotionally cope with the aftermath of the storm.
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ABC Calls For Bipartisan Legislative Action On Impending Fiscal Cliff

In advance of a Sept. 13 U.S. House of Representatives subcommittee hearing titled, “Adding to Uncertainty: Small Business’ Perspectives on the Tax Cliff,” ABC called for immediate bipartisan action to avert the looming year-end tax increases. Read the rest of entry »

ABC Joins Nearly 300 Organizations Urging Congress To Address Fiscal Cliff

A multi-industry letter, signed by 298 U.S. Chamber of Commerce affiliates, as well as national associations, has been sent to the members of the United States Congress and the President, urging immediate action to avoid further harm to the American economy. Read the rest of entry »

Senate Democrats Vote To Pass Small Business Tax Hike

The U.S. Senate July 25 voted 51 to 48 to pass the Middle Class Tax Cut Act of 2012 (S. 3412), which, if enacted, would result in a massive tax increase on business income, capital investment and family succession. In addition, the Senate voted 45 to 54 against theABC-supported Hatch-McConnell Amendment to S. 3412 that would have forestalled the looming fiscal cliff facing America’s job creators. 
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ABC Declares Victory As Federal Court Overturns NLRB “Ambush” Elections Rule

ABC celebrated a major victory May 14 when the U.S. District Court for the District of Columbia overturned a National Labor Relations Board (NLRB) “ambush” elections rule because it was adopted without the statutorily required quorum of NLRB members. 
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