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Business Start-Up Expense Deduction Increased for Tax Year 2010
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For tax year 2010 only, under the Small Business Jobs Act, the start-up expense deduction has been increased from $5,000 to $10,000 and the phase-out threshold has increased from $50,000 to $60,000. |
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Click here to return to "What's NEW for Tax Year 2010?" |
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