This is a little late in coming, but I wanted to point all of you towards this fantastic post by The Present Group about Obama’s Small Business Jobs Act. The new law is large and complicated, but Oliver and Eleanor did all the hard work for you and pulled out the sections that are relevant to independent creative professionals.
“There are…some especially exciting things for small companies, artists, and freelancers in the tax cuts area. Hello health care deduction and total cell phone deduction.”
Only two more months until we close the books on 2010. Make sure you read this before filing those taxes!