Parity for Main Street Employers On Tuesday, July 31st, we will convene a Capitol Hill briefing and panel discussion on “Main Street Businesses & the Tax Cuts and Jobs Act: How Did They Fare and Where do We Go from Here?” featuring…
Parity for Main Street Employers Today, the Parity for Main Street Employers coalition submitted a comment letter to the New York State Department of Taxation and Finance on its draft legislation to restore the ability of employers organized as pass-through businesses to…
Connecticut Paves Way for Other States to Act Parity for Main Street Employers Today, the Parity for Main Street Employers coalition of national trade groups released model legislation to preserve the federal State and Local Tax Deduction (SALT) for Main Street Employers…
New Survey Highlights Importance of Guidance in Making Pass-Through Provisions Successful Parity for Main Street Employers The Parity for Main Street Employers (PMSE) coalition released a new survey highlighting the pass-through business community’s initial reaction to the tax Cuts and…
Today, on behalf of over 40 national trade associations, the Parity for Main Street Employers coalition submitted a comment letter to Treasury and the IRS on the need to permit pass-throughs to aggregate business entities when claiming the new 20…
Focus on Need for Tax Parity for Pass-Through Businesses Parity for Main Street Employers Today the Parity for Main Street Employers (PMSE) coalition, comprised of trade groups representing American Main Street businesses, named Chris Smith as its new Executive Director.…
Today an op-ed authored by PMSE Executive Director Chris Smith appeared in The Hill entitled: “Main Street Businesses Deserve Tax Parity with American Corporations,” making the case that implementation of the newly revised tax code should support Main Street employers, and not…
Rules around key deduction for many small firms has high earners, experts puzzled; ‘As clear as mud’ The Wall Street Journal By Ruth Simon The owner of a successful chain of tanning salons should qualify for a new tax deduction,…