Many Small Businesses Report Receiving Tax Refunds Featured

By Staff Writer July 08, 2019

A survey of small business owners issued by OnDeck finds 65 percent of small businesses surveyed received a tax refund this year and 75 percent expressed satisfaction with the outcome of their 2018 tax returns. 

The survey is a follow-up to an April survey that asked small businesses how they expected to be impacted by the Federal Tax Cuts and Jobs Act changes.  At that time, a majority of small business owners were optimistic that the federal tax changes would help them grow their business in 2019. 

Two months later, almost two-thirds of small businesses now report receiving tax refunds.  

Rate this item
(0 votes)
Last modified on Thursday, 11 July 2019 15:03

Trending News