CNN loans look at President’s tax return

Now that your tax returns are in (or your extension filed), you are probably sick of thinking about your taxes. So today we are going to take a look at someone else’s: The President’s. Earlier this week CNN took a peak at Mr. and Mrs. Obama’s jointly field tax return. They made a combined $608,611 and paid $112,214 to the IRS. Watch this video for a close look at where the President and First Lady’s money came from and what they deducted: Check out the video

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News organizations loan platform for tax debate: Politico on small business taxes

It’s tax day. Unsurprisingly, news sites across the web are filled with last minute tax tips and opinion pieces from every ideological prospective. A piece published by Politico is called “Small businesses need tax reform” and begins “Here we are on Tax Day, the time of year to rightfully reflect on our nation’s tax system. Most Americans immediately experience tax pain in terms of how much they pay to Uncle Sam. For our nation’s small businesses, the complexity of compliance adds insult to injury.” It is a guest column by Representative Sam Graves, a Republican from Missouri and chairman of the House of Representatives’ Small Business Committee. He goes on to call for action from his fellow politicians. He highlights the divide between the known importance of small businesses to the American economy and how small businesses are treated by the tax code. From high rates, to confusing regulations and constant changes, Graves argues that small business owners are never loa

http://horizonbusinessfunding.com/blog/news-organizations-loan-platform-for-tax-debate-politico-on-small-business-taxes/