Schultz: Small Business Leader Praises Tax Deferment Deal as ‘Huge’

NEW YORK, NEW YORK - NOVEMBER 21: A general view of atmosphere is seen during American Exp
Brian Ach/Getty Images for American Express

Marisa Schultz writes for Fox News that Job Creators Network president Alfredo Ortiz, speaking for small business owners, says people are thrilled with the Trump administration’s decision to defer tax payments up to 90 days. Such a program could spell the difference between staying in business during the coronavirus pandemic or closing up shop:

Small businesses are “thrilled” with the Trump administration‘s announcement Tuesday that tax payments can be deferred for up to 90 days, said one small business advocate who had been pushing for the relief.

“People are thrilled with that,” Alfredo Ortiz, president of Job Creators Network, told Fox News. “I’m surprised it’s actually not on the top of the news everywhere because the impact of that cash flow perspective is just huge.”

. . .

“Our small business owners we’re thrilled with that. They’re just looking at a really ugly 90 days and those kinds of things help make the decisions of ‘should I keep my doors open’ or ‘should I just close them now,'” Ortiz said.

Read the rest of the article here.

COMMENTS

Please let us know if you're having issues with commenting.