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SMALL BUSINESS ASSOCIATION URGES SENATE COMMITTEE TO REFORM IRS PRACTICES

 SMALL BUSINESS ASSOCIATION URGES SENATE COMMITTEE
 TO REFORM IRS PRACTICES
 WASHINGTON, Feb. 21 /PRNewswire/ -- Testifying on behalf of thousands of small business owners nationwide, the National Association of Private Enterprise (NAPE) today urged Congress to reform certain Internal Revenue Service practices which affect small business owners. NAPE is a 70,000-member association which is comprised primarily of small business owners with 10 or fewer employees.
 In a hearing on the "Taxpayer's Bill of Rights II" in the Senate Subcommittee on IRS Oversight, NAPE President Larry Coble said, "The typical small business owner is easy prey for the deathgrip tactics of the IRS; tax collectors can make or break the unsuspecting small business owner with complex rules, impossible deadlines and no way to fight back.
 "Whereas Fortune 500 type companies have a battery of attorneys and lawyers to fight their tax battles, the small business person is at the mercy of the IRS when it comes to staying alive."
 NAPE supports the reform provisions included in the "Taxpayer's Bill of Rights II" because it provides relief measures such as an independent advocate for small taxpayers, strengthening the ability of taxpayers to recover damages and professional fees, provisions for credit reporting corrections and equalizing the tax treatment costs of incorporated and unincorporated businesses.
 Coble outlined three major problems small business owners face when dealing with the IRS: 1) Small businesses lack the resources of large corporations to defend against a powerful bureaucracy; 2) Small businesses live or die by their credit ratings; and 3) IRS rules and forms are incomprehensible to most small business owners. "Taxpayer's Bill of Rights II" addresses all of these issues and provides solutions to each.
 Headquartered in Ft. Worth, Texas, the National Association of Private Enterprise, with over 70,000 members is a benefit organization which supports entrepreneurs by offering free or discounted services such as professional consulting, legislative representation and group insurance to businesses with 10 or fewer employees. Coble is president of Trophy Arts, Inc., also based in Ft. Worth.
 -0- 2/21/92
 /NOTE: Copies of Coble's testimony are available./
 /CONTACT: Jeff Trinca, NAPE Counsel, 202-638-1950 or, after Feb. 21, Andra Bennett of NAPE, 800-223-NAPE/ CO: National Association of Private Enterprise ST: District of Columbia IN: SU: LEG


TW-MH -- DC016 -- 1465 02/21/92 15:07 EST
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Date:Feb 21, 1992
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