Christine Walizer, Author at The S Corporation Association

S-Corp Supports Plan B

Text of the letter we sent to Speaker Boehner earlier today:

Dear Speaker:

The S Corporation Association would like to thank you for all your work over the past two years to protect closely-held businesses and ensure that as Congress considers changes to the tax code, privately-owned businesses are not harmed or singled out.

With that in mind, the S Corporation Association supports H.J. Res. 66, the “Permanent Tax Relief for Families and Small Businesses Act of 2012.” While H.J. Res. 66 would allow tax rates to rise for S corporation owners with incomes above $1 million — something we oppose — …

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admin2019-02-01T20:11:24+00:00December 20, 2012|

BRT Offers Up Higher Tax Rates on Pass-Through Businesses

The Business Roundtable (BRT), an association of some of America’s largest multinational corporations, today sent a letter to congressional leaders and the President calling for comprehensive tax and entitlement reform, but also leaving the door open for higher tax rates on individuals and smaller businesses.

In response, Brian Reardon, Executive Director of the S Corporation Association issued the following statement:

“We agree with the Business Roundtable that the only way to address our long-term fiscal challenge is through comprehensive reform of both the tax code and our entitlement programs, but we disagree that Congress should consider raising marginal rates on pass-through businesses …

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admin2019-02-01T20:11:58+00:00December 12, 2012|

S Corp Meets with House Leadership

S Corporation Association Board Member Dan McGregor participated in a small business roundtable with House Republican leadership yesterday as part of our ongoing effort to educate policymakers on the important role pass-through businesses, and particularly S corporations, play in job creation and investment.

Dan is Chairman of McGregor Metal Working, a group of metal-stamping companies located in the Springfield, Ohio area. It’s been a family-owned business since 1965 and began as an eight-person tool and die shop. Today, they employ 365 workers and have clients in the auto, agriculture, and …

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admin2019-02-01T20:12:05+00:00December 6, 2012|

Pass-Through Coalition Weighs In on Fiscal Cliff

The S Corporation Association joined with more than 40 other organizations in a letter to Congressional leadership calling for action on to pursue comprehensive tax reform that lowers rates on all forms of business income while also addressing entitlement spending. States the letter:

[W]e call on Congress to avoid raising marginal tax rates on employers, either as part of negotiations over the fiscal cliff, or as part of larger effort to reform the tax code. Instead, Congress should seek to enact comprehensive tax reform that simplifies the tax code and encourages economic growth for both pass-through businesses and corporations.

[W]e are …

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admin2019-02-01T20:12:11+00:00November 28, 2012|

S-CORP Responds to Washington Post Fact Checker

The art of fact checking had its highs and lows over the course of the last election, but the Washington Post‘s recent review our study by Ernst & Young has to be a new low.

The Post reviewed the study conducted by Ernst & Young looking at the long-term economic effects of higher marginal tax rates on wage and investment income. The study was entitled the “Long-run macroeconomic impact of increasing tax rates on high-income taxpayers in 2013″ and it found that allowing rates to rise to President Obama’s preferred levels would result in lower levels of employment, wages and investment.

This …

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admin2019-02-01T20:12:18+00:00November 19, 2012|