American Innovation Act of 2018 Approved for House Vote

Government

SRQ DAILY MONDAY BUSINESS EDITION MONDAY SEP 17, 2018

Congressman Vern Buchanan has announced that his bill, American Innovation Act of 2018 (H.R. 6756), intended to make it easier and less costly for an entrepreneur to start a new business, was approved this past Thursday by the House Ways and Means Committee. The full House will vote on the measure later this month. The bill, which passed committee in a bipartisan voice vote, would quadruple the amount of start-up costs small business owners can deduct from their federal income taxes, raising it from $5,000 to $20,000. The measure has the support of the Florida Chamber of Commerce and the National Federation of Independent Business. Only around 50 percent of new small businesses survive past their first five years, according to the Small Business Administration.

American Innovation Act of 2018

« View The Monday Sep 17, 2018 SRQ Daily Edition
« Back To SRQ Daily Archive

Read More

Sarasota County Launches CARES Act Grant Program

Sarasota County Launches CARES Act Grant Program

Jacob Ogles | Sep 17, 2020

Virtual Politics

Virtual Politics

Jacob Ogles | Sep 15, 2020

Arcade to Arena

Arcade to Arena

Phil Lederer | Sep 15, 2020

Buchanan to Sarasota: Leave Sailor at Current Station

Buchanan to Sarasota: Leave Sailor at Current Station

Jacob Ogles | Sep 10, 2020