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Titles (2)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

Small Business Owners' Tax Simplification Act of 2019

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To amend the Internal Revenue Code of 1986 to simplify income tax compliance for small businesses, and for other purposes.

Actions Overview (1)

01/16/2019Introduced in House

All Actions (2)

01/16/2019Referred to the House Committee on Ways and Means.
Action By: House of Representatives
01/16/2019Introduced in House
Action By: House of Representatives

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Ways and Means01/16/2019 Referred to

As of 02/19/2020 no related bill information has been received for H.R.593 - Small Business Owners' Tax Simplification Act of 2019

Latest Summary (1)

There is one summary for H.R.593. View summaries

Shown Here:
Introduced in House (01/16/2019)

Small Business Owners' Tax Simplification Act of 2019

This bill modifies several tax-related requirements that affect small businesses and self-employed individuals.

The bill includes provisions that

  • align the deadlines for quarterly estimated tax payments with the calendar year quarters;
  • modify the dollar thresholds for various information reporting requirements;
  • allow certain self-employed individuals to participate in cafeteria benefit plans;
  • exclude from self-employment income net earnings that are less than the amount required under the Social Security Act for a quarter of coverage for the calendar year in which the tax year began;
  • allow certain health insurance costs of self-employed individuals to be deducted for self-employment tax purposes; and
  • specify that voluntary tax withholding agreements, training, or group discount programs have no effect on whether an individual is classified as an employee or an employer.

The Department of the Treasury must (1) establish uniform standards and procedures for the acceptance of digital or electronic signatures, and (2) use prenotification testing to verify recipient information before transferring a tax refund or credit through an electronic funds transfer.