Loren Data's SAM Daily™

FBO DAILY ISSUE OF JULY 24, 2002 FBO #0234
SOLICITATION NOTICE

R -- Tax Policy and Small Business

Notice Date

7/22/2002
 

Notice Type

Solicitation Notice
 

Contracting Office

Small Business Administration, Office of Administration, Office of Procurement and Grants Management, 409 Third Street, S.W., 5th Floor, Washington, DC, 20416
 

ZIP Code

20416
 

Solicitation Number

SBAHQ-02-Q-0027
 

Response Due

8/23/2002
 

Point of Contact

Billy Jenkins, Procurement Specialist, Phone (202) 205-7077, Fax (202) 481-0487, - Billy Jenkins, Procurement Specialist, Phone (202) 205-7077, Fax (202) 481-0487,
 

E-Mail Address

billy.jenkins@sba.gov, billy.jenkins@sba.gov
 

Small Business Set-Aside

Total Small Business
 

Description

There were 22.4 million small businesses in the United States in 2001 (Office of Advocacy, SBA). Of those, a considerable 72.6 percent or 16.3 million can be safely viewed as sole proprietorships (Economic Census, 1997). Total federal taxes account for 21 percent of Gross Domestic Product, and the federal tax rules span 45,662 pages (CCH Inc. Standard Federal Tax Reporter, 2001). It is often suggested that the tax code unfairly targets specific forms of legal organizations. The US Internal Revenue Code (IRC) contains numerous tax and tax credit provisions affecting the operation and after-tax profits of large and small businesses. The distributional effects of these taxes and tax credit provisions among small and large firms have not been well investigated. Given the complexity of the tax code and the high costs of tax administration and compliance; the conclusion that small businesses wind up being unfairly targeted should come as no surprise. Is the federal tax code effectively a barrier to entry and success for small businesses? Do small businesses have access to the breaks to which they are legislatively entitled? What is small businesses? share of the selected major tax expenditure items? The Joint Committee on Taxation and the Office of Tax Administration have authored tax expenditure studies, and the IRS?s Statistics of Income contain data showing firms broken down by size and their use of tax expenditure items. In addition, it is also useful to know the effect of the alternative minimum tax (AMT) on the ability of small business owners to utilize various tax credits. Of particular interest is the tax policy distortions caused for very small businesses and new businesses. Case studies could be used to reiterate the data findings. Fax or Emailing of proposals will not be accepted.
 

Place of Performance

Address: 409 3rd Street, Washington

Zip Code: 20416

Country: US
 

Record

SN00122835-W 20020724/020722213720 (fbodaily.com)
 

Source

FedBizOpps.gov Link to This Notice
(may not be valid after Archive Date)

---

| FSG Index  |  This Issue's Index  |  Today's FBO Daily Index Page |