Comments on: Obama’s Proposed Tax Cuts Total $300 Billion http://internetbiztaxtips.com/2009/01/obamas-proposed-tax-cuts-total-300-billion/ Tax Tips for eBay Sellers, Online Business and Other Small Business Owners Wed, 03 Mar 2010 01:32:02 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: How I plan to spend the small-business tax break President Obama has proposed to Congress « A Green Spa Blog by Denise http://internetbiztaxtips.com/2009/01/obamas-proposed-tax-cuts-total-300-billion/comment-page-1/#comment-843 How I plan to spend the small-business tax break President Obama has proposed to Congress « A Green Spa Blog by Denise Tue, 20 Jan 2009 02:06:16 +0000 http://internetbiztaxtips.com/?p=352#comment-843 [...] Obama’s Proposed Tax Cuts Total $300 Billion [...] [...] Obama’s Proposed Tax Cuts Total $300 Billion [...]

]]> By: Julie Bestry http://internetbiztaxtips.com/2009/01/obamas-proposed-tax-cuts-total-300-billion/comment-page-1/#comment-802 Julie Bestry Fri, 09 Jan 2009 00:22:19 +0000 http://internetbiztaxtips.com/?p=352#comment-802 Kristine, you raise a good point. If the only relief is via payroll taxes, this stimulus wouldn't have any impact on me, a service-providing self-employed professional. The Obama campaign was responsive to bloggers; maybe you should tweet them to ask how their proposal would/should impact those of us without a paycheck. Relief as a credit against a 1st quarter estimated tax payment would be a huge boon, as the vast majority of my annual professional expenses fall between late March and late April. Fingers are crossed! Kristine, you raise a good point. If the only relief is via payroll taxes, this stimulus wouldn’t have any impact on me, a service-providing self-employed professional. The Obama campaign was responsive to bloggers; maybe you should tweet them to ask how their proposal would/should impact those of us without a paycheck.

Relief as a credit against a 1st quarter estimated tax payment would be a huge boon, as the vast majority of my annual professional expenses fall between late March and late April. Fingers are crossed!

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