Baltimore Metropolitan Area District Office

Tax Relief for Small Businesses

Recent legislation has reduced the amount of taxes for which a small business is responsible.  As a result of this recent legislation, there are three major areas of opportunity for small business owners to experience tax relief:  (1) individual income tax returns, (2) growth incentives for small businesses, and (3) a reduction of taxes on dividends and capital gains. The Jobs & Growth Tax Relief Reconciliation Act of 2003 has been one of the most important instruments in bringing these opportunities for tax relief to small businesses..  (Click here to continue)

• White House on Small Business
• White House Press Release 'President Bush Urges Congress to Make Tax Cuts Permanent'
• White House Fact Sheet: 'President Bush Urges Congress to Make Tax Cuts Permanent'
• White House Press Release on 'Tax Relief is Strengthening Our Economy'
• Internal Revenue Services (IRS) on 'Jobs & Growth Tax Relief Reconciliation Act 0f 2003