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New Business Tax Deductions for 2010, 2011

New Business Tax Deductions

You may be wondering what’s happening in the business arena for tax deductions. Well, we have several changes concerning business tax deductions and here I have listed a few for you.

· $230 per month tax free parking for employees

· $230 per month tax free transit passes for employees

· Equipment placed in service is $250,000

· Annual investment limit is $800,000 (Act quickly big drop for 2010)

· Standard mileage rate is 55 cents per business mile

Read More Here: http://harborfi.typepad.com/tax/got-a-question-turbotax-i.html
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Categories: new business tax deductions
Added: on Jan 18, 2010
Added By: seanshepard34
Searches: tax business deduction free month

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