S. 1402 · 111th Congress

Small Business Jump Start Act of 2009

Stage
In committee
Introduced
2009-07-07
Latest action
2009-07-07 · Introduced in Senate

Summary

Small Business Jump Start Act of 2009 - Amends the Internal Revenue Code to increase in taxable years beginning in 2009, 2010, or 2011: (1) the limit on the tax deduction for trade or business start-up expenditures from $5,000 to $10,000; and (2) the threshold amount for reducing such limit.