Unpacking the Stimulus Package, Vol. 3 The Stimulus Package created, extended or expanded several business tax deductions and credits to help small businesses struggling as a result of the economic downturn. As some of these tax breaks are only available this year, companies have just a few months to take action. Here are some of [...]
”It’s a huge step in the right direction,” Giovanni Coratolo, director of Small Business Policy at the U.S. Chamber of Commerce, said Saturday. ”In this economy, having the least amount of risk for banks will incentivize banks to lend to small businesses. A lot of small businesses will benefit from this.” The White House announced [...]
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