PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

Thinking Bigger: “The Good, The Bad, The Ugly” in Tax Reform

By at 13 February, 2018, 3:22 pm

SBE Council president & CEO Karen Kerrigan was interviewed for this Thinking Bigger article regarding the “Tax Cuts and Jobs Act,” specifically on provisions impacting entrepreneurs and small businesses.

Reporter Katie Bean looks at many aspects of the new law.  Kerrigan discussed the positive aspects – more economic growth, more capital – and lower rates for C corps and individuals, along with a new small business deduction, and improvements to expensing.  But she also noted that many of the provisions that apply to small businesses are temporary in nature and expire in 2025. She also said that the tax reform bill was a missed opportunity for simplification.

Read the full article here.

News and Media Releases