The National Federation of Independent Business, the lobbying group for small businesses, endorsed a Bush administration plan to simplify rules for depositing withheld income and Social Security taxes.

Existing rules result in fines for one in three business owners each year, the federation said.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.