4.0 DELI SCRUBS

Hey Jesse...I read an article in the UT Friday morning that I felt I should probably write to you about, and post it here on the forum in case anyone else knows any information about small business bills the government is passing.

Since I don't know to much about this new Small Business Jobs Act congress passed Thursday, I'll quote the UT, and, Jesse, you can research more about if you're interested:

"The small business tax cuts in the bill include breaks for restaurant owners and retailers who remodel their stores or build new ones. Long-term investors in some small business startups would be exempt from paying capital gains taxes.
But much of the tax relief would actually go to larger businesses for write-offs of facilities and equipment such as computers, trucks, and machinery. It would also allow small-business owners to deduct the costs of health insurance for themselves and their families from self-employment taxes, but only for the 2010 tax year.
Business who pay the alternative minimum tax will be eligible to claim the research and development tax credit and other write-offs" (Taylor, Andrew. "Small Business Bill Goes To Obama." Union Tribune. Associated Press. Sec. C1-2. 9/24/2010).

I thought about how you might be able to write-off yours and your family's health insurance for this fiscal year. I don't know the details, but that might potentially save you thousands depending how much health insurance you pay a month.

I'm glad you brought that to my attention. I'll have to talk to my accountant and make sure he's on top of his game come tax season. Thanks B. Who knows, maybe with the money I save I can buy us some new hats. Just kidding.