obama

New 1099 Tax Form Burden for Small Businesses

  In the 1,000+ page health care reform bill, a new tax compliance burden completely unrelated to health care was snuck in unnoticed by the IRS. The full ramifications of this previously unnoticed paragraph is just coming to light the past few weeks. Here’s the deal. The provision has to do with the 1099 forms […]

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Obama Job Growth

“President Barack Obama on Friday said he recognizes the economy isn’t growing fast enough, as a report showed job losses in June and a broad slowdown. Nonfarm payrolls fell by 125,000 last month as 225,000 government workers hired for the 2010 census lost their temporary jobs, the Labor Department said Friday. Only 83,000 private-sector jobs […]

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Obama – Small Business Lending Bill

“WASHINGTON — President Obama exhorted Congress on Monday to make passage of a long-languishing small-business aid package its first order of business when it returns next month from its break. “I ask Senate Republicans to drop the blockade,” Obama said in the Rose Garden after meeting with his economic advisers.” Obama calls for passage of bill […]

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Sigh… Obama Screws Up Businesses Again…

I just read the latest news that the Obama administration is instituting a 90% pay reduction for the top 25 employees at all the companies that were provided bailout money. The idea is that voters are irritated at the idea that these executives are making a lot of money and getting paid with tax payer […]

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