Publications

SBCA’s Extensive Collection of Small Business Articles


Setting The Scene The final days of the first Obama Administration provided him and the Democratic and Republican leadership of the Congress with a unique challenge to resolve what had by then become the most critical domestic problem of the Nation: averting the fiscal cliff. To do so required them to achieve what they had been unable to accomplish in the President’s entire initial term in office, namely, overcoming the...

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Bismarck is famously quoted as comparing the making of legislation to the making of sausages: “it’s something you don’t want to see,” he said. Whatever he saw in the late 1800s was as nothing compared to what we’ve witnessed in the six months ending last March, as Democrats and Republicans in Congress and the White House engaged in a fierce donnybrook over the health care legislation introduced by the Democrats late in 2009 to fulfill...

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While every election is considered historic and meaningful, it would be hard to overestimate the impact of this mid-term election.  Certainly presidential elections are generally considered more important because the White House is at stake, but this election will have a huge impact on President Obama, particularly because he will deal with a House that is his polar opposite.  He will also face far more challenges in the Senate with...

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We call on Congress to act now to provide estate tax planning “peace of mind” for all small business owners by enacting permanent estate tax relief.  Specifically, Congress should adopt a permanent individual “exemption” of $3.5 million (indexed for inflation) from the estate tax and a top marginal estate tax rate of 45 percent. If Congress does not act, the estate tax will be repealed for one year and re-instated thereafter in a more...

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The Small Business Council of America calls for Congress to place an immediate moratorium on the assessment and collection of the IRC Section 6707A penalty until the statute can be thoroughly reviewed and recommendations can be made to carry out the intention of Congress without the disproportionate and probable unconstitutional impact of current law on small businesses and their owners. The National Taxpayer Advocate 2008 Annual...

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