Congress Is Looking to Revamp the Tax Code

For the first time in 30 years, Congress is looking seriously at revamping the tax code, which means we have a once-in-a-generation chance to transform the code into a tool that empowers women entrepreneurs. The question is, will Congress seize this opportunity?

A new report by Caroline Bruckner of American University's Kogod Tax Policy Center and the national advocacy organization Women Impacting Public Policy (WPP) found that women business owners can't take full advantage of more than $255 billion in tax incentives because of how they are legally organized and the industries they serve.

To access the report, "Billion Dollar Blind Spot: How the U.S. Tax Code's Small Business Expenditures Impact Women Business Owners," go here.

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