Friday, September 24, 2010

YES VIRGINIA, SMALL BUSINESSES DID GET TAX BREAKS

And I'm talking about the 2009 stimulus bill.

Small Business Tax Breaks in the Stimulus Package

February 15, 2009
Journal of Accountancy

Bonus depreciation
Section 179 expensing
Carryback of small business NOLs
Small business estimated taxes
Work opportunity tax credit
Discharge of business indebtedness
Qualified small business stock
S corporations
Limitations of loss carryforwards
New markets tax credit
Notice 2008-83 restricted
Energy credits

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