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Kamala Harris will announce a new policy proposal Wednesday for a $50,000 tax credit for small businesses looking to get off the ground. At the center of her new plan is the small business tax ...
Harris proposed measures aimed at making it easier for small business owners to operate. Creating a standard deduction for small businesses could make it easier for them to file taxes.
WASHINGTON — Vice President Kamala Harris will propose a tax break for startups on Wednesday intended to help entrepreneurs offset the costs of starting a small business. Harris will push to ...
WASHINGTON (AP) — Vice President Kamala Harris plans to propose on Wednesday a tenfold increase in federal tax incentives for small business startup expenses, from $5,000 to $50,000, hoping to help spur a record 25 million new small business applications over her four-year term should she win the presidency in November.
Kamala Harris's next big economic proposal hinges on making it easier for you to start a small business. New business owners could get a $50,000 tax deduction under Kamala Harris's plan Skip to ...
Small Business Tax Deduction. ... In fact, in one of her newest proposals, Harris said she would increase the small businesses’ $5,000 allowable deduction for startup expenses to $50,000 ...
The proposal would tenfold expand the small business tax deduction for startup expenses from $5,000 to $50,000, with the goal of 25 million new small business applications in Harris’s first term ...
Under her small business plan, Harris is proposing raising the tax deduction for small business's startup expenses to $50,000, up from the current $5,000 deduction for startups. Her goal, she said ...