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In response to a U.S. House of Representatives subcommittee hearing on the tax provisions contained in the Patient Protection and Affordable Care Act (PPACA), ABC sent a letter that called attention to several provisions that will affect ABC members, including the additional Medicare taxes on wages and investment. 

House Small Business Committee Chairman Sam Graves (R-MO) introduced a new initiative, “Small Biz Reg Watch,” which will help small businesses participate in regulatory development.

House Small Business Committee Chairman Sam Graves (R-MO) introduced a new initiative, “Small Biz Reg Watch,” which will help small businesses participate in regulatory development.

The U.S. Senate July 25 voted 51 to 48 to pass the Middle Class Tax Cut Act of 2012 (S. 3412), which, if enacted, would result in a massive tax increase on business income, capital investment and family succession. In addition, the Senate voted 45 to 54 against theABC-supported Hatch-McConnell Amendment to S. 3412 that would have forestalled the looming fiscal cliff facing America’s job creators. 

The U.S. Senate July 25 voted 51 to 48 to pass the Middle Class Tax Cut Act of 2012 (S. 3412), which, if enacted, would result in a massive tax increase on business income, capital investment and family succession. In addition, the Senate voted 45 to 54 against theABC-supported Hatch-McConnell Amendment to S. 3412 that would have forestalled the looming fiscal cliff facing America’s job creators. 

ABC is joining more than 30 other organizations as part of the Stop the HIT Coalition to support the Jobs and Premium Protection Act (S. 1880), introduced Nov. 16 in the U.S. Senate, which would repeal the Health Insurance Tax (HIT) contained in Section 9010 of the Patient Protection and Affordable Care Act (PPACA). 

ABC is joining more than 30 other organizations as part of the Stop the HIT Coalition to support the Jobs and Premium Protection Act (S. 1880), introduced Nov. 16 in the U.S. Senate, which would repeal the Health Insurance Tax (HIT) contained in Section 9010 of the Patient Protection and Affordable Care Act (PPACA). 

President Barack Obama will be holding a summit Nov. 16 at the White House with congressional and corporate leaders to discuss the impending year-end tax increases and spending cuts, known as the fiscal cliff. In a Nov. 14 statement, ABC expressed concern over the troubling exclusion of small businesses from the summit.

President Barack Obama will be holding a summit Nov. 16 at the White House with congressional and corporate leaders to discuss the impending year-end tax increases and spending cuts, known as the fiscal cliff. In a Nov. 14 statement, ABC expressed concern over the troubling exclusion of small businesses from the summit.

Barbara Spyridakis, CEO of Thesis Painting, Springfield, Va., and Skip Wolfford, president and founder of David M. Wolfford & Son, Inc., Culpeper, Va., both members of ABC’s Virginia chapter, are featured in an advertisement that highlights the challenges small businesses face under President Barack Obama. 

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