The Tax Foundation’s Putting a Face on America’s Tax Returns: A Chart Book, 2nd Edition examines the data behind the tax returns of the rich, the poor, and the middle class, and reveals startling trends about what Americans pay in taxes each year. The information provided in the book is a comprehensive guide to understanding the long-term effects of today’s tax reform efforts. One interesting fact: there are 1.7 million traditional C corporations, compared to 7.4 million partnerships and S corporations (the profits of which are taxed on owners’ personal tax returns), and 23 million sole proprietorships (who also pay tax on their profits on their personal returns). The download is free; the print copy is $10.
Did you miss the latest edition of Big Ideas for Small Business®? No problem, you can view October’s Newsletter and other archived issues right here. Remember, you can subscribe for free to have your copy delivered to your inbox the first of each month.
Use Coupon Code cj150 and save an additional $30 when you join NFIB today!