As I previously indicated, I do not think that the efforts in Congress will result in the elimination of 6707A penalties (as many brokers and promoters are representing to clients); however, I do think there is substantial likelihood that legislation will pass which will provide some relief to individuals and small businesses who are potentially subject to these penalties.
Attached below is the position paper of the SBC. It provides a good road map as to where this legislation is headed.
Read the Small Business Council of America Position Paper on 6707a Penalties (read the paper by clicking here)
As always, feel free to contact me at Chrish@PDKHlaw.com
Showing posts with label Small Business Council of America. Show all posts
Showing posts with label Small Business Council of America. Show all posts
Monday, August 24, 2009
Subscribe to:
Posts (Atom)
