Bigger tax breaks, new health care options on tap for 2017
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January 5, 2017
NEW YORK (AP) — Each year, business owners can count on changes in tax law and other rules. For 2017, small businesses are getting a bigger deduction for equipment purchases, and those that aren't required to provide health insurance will have an option to help staffers pay for coverage. Many companies have new filing deadlines for their tax returns, and owners who use their cars for business will get a slightly smaller deduction.
A look at some of the changes owners will see in this new year:
EQUIPMENT PURCHASES
Small businesses buying many types of equipment get a bigger tax break in 2017. T...
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