Small Business Tax Changes May be on the Way

If Democratic congresswoman and Chair of the House Committee on Small Business, Nydia M. Velazquez (NY-12), and five of her colleagues have their way, the lives of small business owners could be a little bit easier next year.  /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} Velazquez has sponsored legislation called Small Business Tax Modernization Act of 2008 (H.R. 6601). Currently, this straightforward, pro-business piece of embryonic legislation is before the House Ways and Means Committee, where it will be debated, worked over, raked across... [Read Full Article]