FOR IMMEDIATE RELEASE
Contact: Parker Armstrong
(812) 528-0315
Small Businesses Desperate for Tax Relief as Bill Stalls in Senate
National tax expert available to discuss plight of businesses needing immediate expensing for capital investments
Washington, D.C./April 2, 2024 – The Washington Times published an op-ed by Julio Gonzalez, the founder and CEO of Engineered Tax Services, warning that time is running out for the Senate to pass a bipartisan tax cut bill that would restore full and immediate expensing for businesses and increase the Child Tax Credit for families.
HR 7024, the Tax Relief for American Families and Workers Act, easily passed the House on January 31 in a 357-70 vote, with more than 2/3 of both parties voting in favor. It has been held up in the Senate.
Mr. Gonzalez is joining forces with pro-business and anti-tax groups – including the Job Creators Network, Americans for Tax Reform, and the America First Policy Institute – to persuade skeptical senators that full and immediate expensing is vitally important to the business community, including minority-owned small businesses.
WHO: Julio Gonzalez, CEO and founder of Engineered Tax Services
WHAT: Media availability to address urgent need for tax relief for small businesses
DETAILS: Mr. Gonzalez is available to speak about why HR 7024 is immensely important to the business community as businesses face a steep disadvantage compared to foreign competitors in countries such as the UK and China, where businesses are allowed to immediately deduct the full value of investments.
About Engineered Tax Services
Engineered Tax Services, Inc. (ETS) is one of the biggest licensed engineering firms providing specialty tax services to CPA firms and their clients. As advocates for America's small and mid-sized businesses, ETS helps CPA firms add value to their client relationships by offering sophisticated strategies like cost segregation, the research and development tax credit, and other specialized tax credits and incentives, allowing them to retain more working capital and drive profitability.
Engineered Tax Services, Inc. (ETS) is one of the biggest licensed engineering firms providing specialty tax services to CPA firms and their clients. As advocates for America's small and mid-sized businesses, ETS helps CPA firms add value to their client relationships by offering sophisticated strategies like cost segregation, the research and development tax credit, and other specialized tax credits and incentives, allowing them to retain more working capital and drive profitability.
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