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| FREE NEWS ALERTS A free, comprehensive news service to keep small businesses and independent contractors posted on the latest tax developments affecting their operations.
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July 30, 2010 Various Obama Budget Provisions Could Help, Hurt Small BusinessThe Joint Committee on Taxation released a study of President Obama’s fiscal year 2011 budget proposals and explained the possible harmful and beneficial effects some of the provisions may have upon small businesses. First, the proposed budget permanently increases the amount a taxpayer may deduct under section 179 expensing rules. Subject to certain limitations Subscribers have free access to the archives. Click here. |
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