Cold comfort in tax changes
Article Abstract:
The federal minimum-wage law contains tax breaks intended to soften the financial impact of higher wages on small companies. But observers believe that the benefits of the tax changes are modest. S corporations, independent contractors, and other affected areas are discussed.
Publication Name: Nation's Business
Subject: Business, general
ISSN: 0028-047X
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Why the IRS eyes executive pay
Article Abstract:
Three businesses won cases against the IRS over the issue of executive pay and its intrinsic value to the business. The IRS believed the companies paid unreasonable salaries to executives and wanted additional corporate taxes paid on the portions deemed unreasonable.
Publication Name: Nation's Business
Subject: Business, general
ISSN: 0028-047X
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Getting wired for the IRS
Article Abstract:
The IRS is requiring businesses that paid more than $50,000 in employment taxes in 1995 to file their federal payments electronically for 1996. The mandate penalizes heavily for noncompliance and has infuriated small business leaders.
Publication Name: Nation's Business
Subject: Business, general
ISSN: 0028-047X
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: The checkoff challenge. Best used by expiration date. Monopolies take a hit
- Abstracts: A world of wine in the heart of London. Floating time bombs
- Abstracts: Claiming refunds for value-added taxes. Gaining an edge on liability. Getting There Via Computer
- Abstracts: Iraq discloses nuclear, germ weapons data to U.N.. Iraq: defectors slain after returning home. Senior Iraqi army defectors given asylum in Jordan; son-in-law calls for President Hussein's ouster
- Abstracts: Taiwan opens up sizzling market for mobile phones. Taiwan's chip makers forge ahead, prepared to wait out slump in prices