The Small Business Jobs Act of 2010

On September 27, 2010, President Obama signed into law the Small Business Jobs Act of 2010. The legislation contains provisions designed to ensure adequate access to credit, and contains targeted tax relief for small businesses. The Small Business Jobs Act of 2010 includes increased IRC Section 179 expensing limits, "bonus" first-year depreciation, changes to treatment of small business stock, general business credit, and health insurance costs of self-employed individuals.

Click here to read a summary of key items.