Lani Babin, CMP Director, Travel & Events | Official Website
Lani Babin, CMP Director, Travel & Events | Official Website
NFIB State Director Tom Underwood appeared on "Kruser and Krew" on NewsTalk 590 WVLK in Lexington. During his discussion with Dave "Kruser" Krusenklaus, Underwood addressed the latest Small Business Optimism Index and the ongoing labor shortage in the country.
He also spoke about House Bill 253, stating, "The way it is right now, there are around 600 small cities and counties (throughout the commonwealth) that collect a payroll tax and/or a net profits tax." This situation requires small businesses operating in multiple locations to pay taxes across various jurisdictions. Underwood noted, "Unfortunately, most of these small cities and counties require that you use their paper forms … and send a paper check…. I found one company that’s filing 190 of these."
Underwood explained that HB 253 aims to simplify this process by establishing a single website for small business owners to pay local taxes online.
Listen to the interview below:
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