Missouri Small Business Deduction for New Jobs
In tax year 2013, qualifying small businesses that created new jobs in Missouri in 2011 and 2012, and retained the employee for one year, can begin claiming the Small Business Deduction for New Jobs (SBDNJ). Sole proprietors, partnerships, C corporations, S corporations, limited liability companies, limited liability partnerships and other business entities are eligible for the income tax deduction if they meet other qualifications. To find out if your small business qualifies for the deduction, read the linked white paper.
For more information on the Small Business Deduction for New Jobs and other tax issues, please contact your tax advisor, or Cathy Goldsticker, CPA, at 314.983.1274, email@example.com.