Small Business Tax Simplification Act

Summary

Small Business Tax Simplification Act - Amends the Internal Revenue Code to exempt certain small business taxpayers from the requirements of using the accrual method of accounting and of using inventories. Allows such taxpayers to use a cash method of accounting if they meet the gross receipts test and are not engaged in farming as a corporation. Increases the amount of the gross receipts test to $10 million (currently, $5 million) and permits an annual inflation adjustment of that amount.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 25 April 2012

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 25 April 2012

   Introduced

   Sponsor introductory remarks on measure. (CR H2108)

   Source: IntroReferral

3. 25 April 2012

   Introduced

   Introduced in House

   Source: IntroReferral

4. 25 April 2012

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 25 April 2012 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 25 April 2012

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 25 April 2012

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 25 April 2012

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Berg, Rick [R-ND-At Large] · R · Sponsor
• Rep. Thompson, Mike [D-CA-4] · D · Sponsor
• Rep. Jenkins, Lynn [R-KS-2] · R · Cosponsor
• Rep. Gerlach, Jim [R-PA-6] · R · Cosponsor
• Rep. Herger, Wally [R-CA-2] · R · Cosponsor
• Rep. Schock, Aaron [R-IL-18] · R · Cosponsor
• Rep. Rangel, Charles B. [D-NY-15] · D · Cosponsor
• Rep. Myrick, Sue Wilkins [R-NC-9] · R · Cosponsor
• Rep. Roskam, Peter J. [R-IL-6] · R · Cosponsor
• Rep. Eshoo, Anna G. [D-CA-18] · D · Cosponsor
• Rep. Long, Billy [R-MO-7] · R · Cosponsor
• Rep. Neal, Richard E. [D-MA-1] · D · Cosponsor
• Rep. Canseco, Francisco "Quico" [R-TX-23] · R · Cosponsor
• Rep. Miller, Jeff [R-FL-1] · R · Cosponsor
• Rep. Smith, Adam [D-WA-9] · D · Cosponsor
• Rep. Yoder, Kevin [R-KS-3] · R · Cosponsor
• Rep. Hanabusa, Colleen [D-HI-1] · D · Cosponsor
• Rep. Walberg, Tim [R-MI-5] · R · Cosponsor
• · hswm00 · Standing

Related records

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