Small Business Tax Benefits : Overview and Economic Rationales.
Provides an overview of Federal tax benefits for small businesses and examines possible economic rationales for these benefits. Discusses various tax benefits for small business, including taxation of passthrough entities, graduated corporate income tax rates, the expensing allowance for certain dep...
| Corporate Authors: | , |
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| Format: | eBook |
| Language: | English |
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[Place of publication not identified] :
[publisher not identified],
2008.
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| Series: | U.S. Congressional Research.
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| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | Provides an overview of Federal tax benefits for small businesses and examines possible economic rationales for these benefits. Discusses various tax benefits for small business, including taxation of passthrough entities, graduated corporate income tax rates, the expensing allowance for certain depreciable business assets, exemption of certain small corporations from the corporate alternative minimum tax, cash basis accounting, tax incentives for private equity investment in small firms, uniform capitalization of inventory costs, simplified dollar-value "last-in-first-out" accounting method for small firms, tax credit for pension plan start-up costs of small firms, and magnitude of small business tax benefits. Reviews economic role of small firms, and evaluates economic arguments for and against small business tax preferences. |
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| Item Description: | Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource. |
| Physical Description: | 1 online resource. |