House proposal could boost payroll taxes for small businesses

06/8/2010 | Nasdaq.com

Payroll taxes could increase for some S corporations under a proposal under consideration in the House. The provision aims to close a loophole that allows businesses to escape paying the 2.9% Medicare tax on much of their income. Details of the small-business tax-compliance proposal and the larger tax bill have not been released, but the House is expected to vote on the measure next week.

View Full Article in:

Nasdaq.com

Published in Brief:

SmartBrief Job Listings for Business

Job Title Company Location
Director, Workforce
AIA
Arlington, VA
VP of Video Content Distribution
Calkins Media
Levittown, PA