HR 5636 · 113th Congress · Taxation
Cut REDTAPE Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2014-09-18)
Plain Language Summary
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Cut REDTAPE Act - Amends the Internal Revenue Code to exempt a new small business, including an incorporated business, from the additional tax imposed for underpayment of estimated income tax, if such business's gross receipts for the calendar year do not exceed $1 million.…
Summarized by Claude AI · Non-partisan · For informational purposes only