Small Business Jobs & Credit Act Signed Into LawPresident Barack Obama signed into law legislation that will allow the self-employed to deduct their health insurance costs as a business expense for payroll tax purposes. Published on September 29, 2010 |
Small Business Jobs & Credit Act Signed Into LawYesterday, President Barack Obama signed into law legislation that will allow the self-employed to deduct their health insurance costs as a business expense for payroll tax purposes. Though only applicable to 2010 tax returns, the passage of this proponent is a key “foot in the door” for future battles on health costs and the self-employed, according to the National Association for the Self-Employed (NASE). Published on September 28, 2010 |