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Why You Should Hurry Up and Start a Small Business Already

Posted by Carol Tice | October 28, 2010
URL: http://www.entrepreneur.com/blog/218933
If you've been thinking about starting a small business, you might want to take the plunge before the end of the year. Why? Goodies in several recently passed new laws offer tax breaks that were previously unavailable to entrepreneurs.

Here's a quick summary of some of the breaks you and your investors could take if you start a business in 2010:

There's more, but this gives you some of the highlights. Consult your tax professional for details on all the many ways your startup can benefit from the tax breaks in new federal laws.

Are you starting a business this year? If so, tell us your story in the comments. Can you take advantage of any of these credits?