Tax Planning for Business Owners

In 2010, one of the tax law changes affecting business owners is the Small Business Jobs Act of 2010, which provides $12 billion of tax incentives – including bonus depreciation, enhanced expensing, and other relief for small businesses. Eight Small Business Tax Cuts – Effective Today, Providing Immediate Incentives to Invest: 1. Zero Taxes on Capital Gains from Key Small Business Investments: