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New Tax Laws for 2006

New tax laws for 2006 could benefit your business.

By Michael Rozbruch • Mar 1, 2006

Opinions expressed by Entrepreneur contributors are their own.

Like spring's promise of budding blooms, 2006 has a bumper crop of new tax laws that will help you reap write-offs. Legislation signed into law in 2005 that affects businesses includes the Energy Tax Incentives Act of 2005 and the Katrina Emergency Tax Relief Act of 2005, as well as legislation relating to transportation and to bankruptcy abuse.

The following are some changes for 2006 that business owners will enjoy:

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