May 11, 2012
Here is an infographic from Intuit on Obama’s Start Up America initiative, explaining the proposed benefits and implications to small business from this legislation. Some of the proposed benefits include:
- Tax cuts for small business
- New 10% income tax credit for small business
- Doubles the start up expenditure deduction
- Opens up access to capital
- Increases the Small Business Investment Company program from $3 to $4 Billion
Business information, resources and tips for the entrepreneur
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