Small Biz Bill Heads to the Prez
The New York Times summarizes the newly passed small business jobs bill, which contains, among other eye-glazing but possibly helpful things, this:
“Deduction for health insurance costs. The bill would permit self-employed business owners to deduct their family’s health insurance expenses from their self-employment tax income in 2010.”
A break on my self-employment tax? You don’t say. Awesome. How about a permanent break on this yucky tax? Pretty please?