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March 1, 2010

Senate Passes Measure to Fix Small Business Tax Penalty

The Senate recently passed by unanimous consent S. 2917, the Small Business Penalty Fairness Bill, legislation that keeps small businesses from being subject to excessive and unjustified tax penalties aimed at large corporations and wealthy individuals investing in tax shelters. The bill now goes to a vote in the House, where a companion bill, H.R. 4068, has been introduced...

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