Unappetizing: Small businesses face several tax changes
Ugh. April 15 looms on the horizon.
Tax preparation will be more complicated this year for small-business owners and foodie entrepreneurs such as Liane Weintraub, chief executive of Tasty Brands (shown above). So is there any good news on that horizon? Thankfully, yes. New rules for the 2010 tax year could boost savings on federal taxes, according to this article in Monday's Business section. "We need all the breaks we can get, tax-wise," Weintraub said of her organic snack food firm in Calabasas.
Photo: Liane Weintraub. Credit: Mel Melcon / Los Angeles Times
Believe out not there are lots of breaks for small biz for 2010 taxes. As a small biz owner and foodie check to see what type of product you are selling if falls under organic, sustainable, etc.. you can get even more of a tax break.
Posted by: Chef Shana | March 01, 2011 at 12:08 PM