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Future US Taxation Increase: A Looming Problem For Small Business Owners

Future US Taxation Increase: A Looming Problem For Small Business Owners

Small business owners have recently taken caution at the looming problem of increase in U.S. taxes. They already feel the pressure of current tax rates and complying with ever-changing tax regulations. According to the National Federation of Independent Business (NFIB), this dilemma limits business owners in making short-term business decisions regarding the livelihood of their business. Constant threat of change and increase in tax rates hike uncertainty levels, leaving owners to hang in the balance. In a recent survey, it was found that 29% of business owners were plagued by tax complexity, claiming it challenges business procedures.

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To acquire legal tax advice from a Weslaco tax expert for your small business tax concerns, contact Gonzalez & Arrambide, Inc. at 956-447-9009.

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