- 1st time home buyers that also run a small business from their home are eligible for the $8000.00 1st time homeowner tax credit until April 30 2010.
- New mileage rates for small business and non profitable organizations are-50 cents per mile for business miles driven, 16 cents per mile for medical transportation or moving miles driven, 14 cents per mile for miles driven for a charitable organization.
- Cancellation of Business Debt—under this law accompany can delay the recognition of cancelled business debt in 2009 & 2010. For more details visit your tax advisor.
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