This effects business growth and starting up a new business. And that's a problem.
I don't see how the existing small businesses stay afloat
This effects business growth and starting up a new business. And that's a problem.
Mothers get a baby bonus for each child but itās certainly not a lot.Doesn't Canada already have something like this?
That's right, and anyone who cares about those issues had better get out and vote because if things stay the same it will only get much, much worse.And how about states not forcing women and sometimes young girls to babies that are products of r**e, as many are trying to do? Few if any those bills criminalizing abortion even mention culpability of fathet.
I read an article about why the IRS has shifted its focus from large companies and wealthier tax cheats to smaller companies and more middle class tax payers. The IRS budget had been continually reduced and it was too much of their budget, time and resources to fight those with extraordinarily deep pockets. Made a lot of sense to me.I don't think 15-minute breaks is the issue. Two-week vacations, maybe....for some.
Major employers have been hit with major changes in how they're taxed and what is taxed, and they've had to increase dividend and benefit offers to seduce investors, with a need for more investors to satisfy both parties. And the number of employees that classifies an employer as "major" keeps getting smaller as well. The IRS used to primarily focus on companies with 500 or more on the payroll. Now it's something like 50.
IOW, taxes for a business employing 50 is as complex as one employing 500. (note I'm saying "as complex" not "as much")
If all your employees work under 30 hours, doing your business taxes, just the paperwork alone, gets a whole lot simpler. A whole lot. Small businesses with a couple dozen employees can't do it themselves anymore; they have to pay an agency just to help them meet their obligations to the IRS, FICA, the state, an insurance company, etc. etc.
This effects business growth and starting up a new business. And that's a problem.
They only have to report earned income. In fact, that tax credit is called EIC; earned income credit.I have a question that someone may be able to answer here with more tax return experience.
Do the people on welfare have to file a tax return? If not, then they wouldn't be getting the tax credit intended for those who do work to support their family. This would be another way to give them more tax free money, wouldn't it?