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After months of debate about the looming fiscal cliff, Congress has finally struck a deal. But, what exactly does that mean for business owners, and those looking for small business financing?
The deal does affect business owners in a variety of ways. Here are a few of the key tax implications worth considering as we move forward into 2013.
For many small business owners who are making less than $400,000, the fiscal cliff may not have a substantial impact on taxes for the next year. However, it’s worth discussing with your financial planner or accountant to make sure that you will not experience any unexpected surprises when it’s time to file taxes.