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House approves tax-relief measures for small businesses

The House passed the Small Business Jobs Tax Relief Act of 2010 on Tuesday. The bill would eliminate certain tax penalties for small businesses, allow the exclusion of 100% of capital gains on investments in qualifying small-business stock, and allow the deduction of up to $20,000 in startup costs unrelated to capital or equipment. WebCPA (6/15)

By |2010-06-16T15:45:22+00:00June 16th, 2010|Corporate Income Tax, News Articles|0 Comments

About the Author:

Lauryn Charles owns and manages Accountable Financial Services Group, Inc., founded in July of 2007. Lauryn has many years of experience working with small business owners in the field of accounting, banking, and financial services. An accounting graduate with an MBA in International Business from Florida Atlantic University, Ms. Charles is an expert tax preparer and accountant. She is a Registered Tax Return Preparer as designated by the Internal Revenue Service. Ms. Charles is a member of the Pompano Beach and Deerfield Beach Chamber of Commerce. She is on the board of directors of multiple non-profit organizations, she is the co-founder of Pompano’s Young Professionals, and serves many other charitable organizations in the area.

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