Small Business Jobs Act Provides Tax Benefits

Small Business Jobs Act Provides Tax Benefits

The Small Business Jobs Act of 2010 (the “Act”) was signed by President Obama on September 27, 2010.  While the centerpiece of the legislation is a $30 billion lending facility to encourage regional banks to lend funds to small businesses, the Act also provides about $12 billion of tax benefits targeted at small business.  Small Business Jobs Act Includes Tax Benefits for Small Business summarizes some of the most significant tax provisions.

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