The president’s recently-unveiled American Jobs Act promises tax cuts for businesses and families and to create new jobs to chip away at the country’s stubbornly high unemployment rate.
Earlier this week, Treasury Secretary Timothy Geithner testified to the Senate Small Business and Entrepreneurship Committee regarding the legislation, saying it “includes specific provisions targeted towards small businesses that provide direct support for firms to hire, invest, and expand.” Reading through the secretary’s prepared remarks, I found a lot of great ideas that will indeed help our country’s small businesses.
To read the full, original article click on this link: What the American Jobs Act Will Mean for Small Businesses’ Taxes | Fox Small Business Center
