SBJA creates tax-planning opportunities
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Description
Abstract: On Sept. 27, President Obama signed the Small Business Jobs Act of 2010 (SBJA), which created $30 billion in funding for small business loans. It also provided several tax incentives for businesses — both large and small. In light of these incentives, this article lists three actions to consider in 2011, including getting rid of “built-in gain” property and reviewing business credits.
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