WASHINGTON, April 22 -- The House Ways & Means Committee Chairman issued the following news release:
WASHINGTON, D.C.- Small businesses can breathe easier thanks to permanent, expanded tax relief provided in the Working Families Tax Cuts. Main Street businesses can now plan with more certainty with the 20 percent small business deduction being made permanent, and pro-growth tax relief enacted by Republicans - including an increase in the small business expensing threshold, a restoration of immediate 100 percent expensing and R&D expensing, among other policies - allows these businesses to keep more of their hard-earned money to reinvest back in their growth and their employees. In Ways and Means hearings held outside Washington, owners of ...