Proposed Tax-Code Changes Would Directly Affect Small Businesses

Senate Finance Committee Chairman Max Baucus, D-Mont., has begun releasing specific proposals to revamp the U.S. tax code. Many of the provisions will directly affect small businesses, this article notes. These include permanently doubling the amount companies can immediately expense when investing in certain fixed assets, lowering the corporate tax rate and changing accounting rules for small businesses.

(From NRCA)

Trenton H. Cotney
Florida Bar Certified Construction Lawyer
Trent Cotney, P.A.
1211 N Franklin St
Tampa, FL 33602

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