According to former Senior Counsel to the U.S. Senate Finance Committee Dean Zerbe, the talk of tax reform has been driven by talk of the 99%, when perhaps we should be focusing on the 95% and the 55%: the 95% of businesses organized as pass-through entities and the 55% of private-sector employees that work for them.
In his article appearing in the Orlando Business Journal, “Tax reform: Incentives that work for all businesses”, Dean Zerbe, former advisor to the Senate Finance Committee and the current National Managing Director at alliantgroup, provides commentary on necessary tax reform changes that would put the nation’s small and medium businesses on equal footing with our largest corporations. In order to establish a tax code that finally works for all businesses (no matter their size) Zerbe surmises that all companies should be granted the same access to the same business-friendly credits, incentives and deductions that exist for their benefit—chief among these being the roughly $10 billion R&D Tax Credit.
The Orlando Business Journal requires a subscription to view the article… please click here to view a copy on our Website. And, contact us today for more information on the R&D Tax Credit and alliantgroup’s tax consulting services.