Architecture firms across the countryare facing difficult economic times. The AIA is working relentlessly to make sure that Congress is doing everything to help small businesses, not hurt them.
We understand that the proposal may expand the application of payroll taxes to active shareholders of S corporations primarily engaged in services. The tax would apply to capital investments, including human capital activities like skills training.
Not only will such a proposal make the tax code even more complex, it will also blur the line between income from labor and income from capital. And, most importantly, it unfairly targets small business - potentially yours - which are the key to the nation's economic recovery and revitalization.
The only way members of Congress will know about the damaging impacts of this proposal is if they hear from you. Contact your members of Congress TODAY and urge them to oppose any proposal to increase payroll taxes paid by S corporation shareholders.
Thank you for your action on behalf of the profession.
Executive Vice President & CEO
The American Institute of Architects