Summary of the Small Business Jobs Bill of 2010

There's still a lot of work to be done before we have the certainty we need for tax planning in 2011 and beyond, but the Congress got a start with the Small Business Jobs Bill of 2010. ADP/CCH have a nice summary of the provisions on their site.

A quick synopsis:

• Section 179 expense limits are restored to their higher levels
• Bonus depreciation is back
• Sole proprietors now save SE tax on their health premiums
• Some sales of small business stock become tax-exempt