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New Tax Breaks for Business Owners

Business Owners Looking For New Tax BreaksThere is some good news for business owners looking for more tax breaks this year.Mortgage Tax Deduction Information for HomeownersDue to the current state of the economy, the government has extended many tax breaks to business owners to try and stimulate the economy.Section 179 Business Expense DeductionThe year 2010 will change the amount of equipment that can be deducted for business from $250,000 to nearly a 50% drop to $135,000.

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