Rosen, Shaheen, Baldwin Introduce Bill to Support New Businesses with Major Expansion of Startup Tax Deduction
May 06, 2025
May 06, 2025
WASHINGTON, May 6 -- Sen. Jacky Rosen, D-Nevada, issued the following news release:
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Rosen, Shaheen, Baldwin Introduce Bill to Support New Businesses with Major Expansion of Startup Tax Deduction
Currently, Entrepreneurs Can Only Write Off $5,000 In Costs When Starting A New Business. New Legislation Would Increase Tax Deduction To $50,000
A Recent Survey Found That Small Business Owners Spend An Average Of $40,000 To Get Their Businesses . . .
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Rosen, Shaheen, Baldwin Introduce Bill to Support New Businesses with Major Expansion of Startup Tax Deduction
Currently, Entrepreneurs Can Only Write Off $5,000 In Costs When Starting A New Business. New Legislation Would Increase Tax Deduction To $50,000
A Recent Survey Found That Small Business Owners Spend An Average Of $40,000 To Get Their Businesses . . .