Joint Roundtable Addresses Need to Help Small Businesses Navigate Complex Tax Code

Press Release

"Too often, small business owners miss out on benefits and fall out of compliance because of a complex and hard to navigate tax code system. Small businesses do not have the teams of lawyers and accountants that larger businesses do. These challenges perpetuate inequality and bring undue stress to already overwhelmed entrepreneurs; this is particularly the case for our minority and underserved small business owners. We heard today from panelists that face unacceptable challenges, and I thank them for voicing their concerns. In a bipartisan matter, we will work with the Senate Finance Committee to ensure we can increase tax literacy; address the complexity in our tax code; and improve the effectiveness of tax services."

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