Start-ups May Get Big Tax Break

  Government and Economy Bill Could Make Healthcare Cheaper for the Self-Employed The measure under consideration would put an end to the FICA tax on health insurance premiums for the self-employed, making them more affordable and leveling the playing field with other businesses. WRN.com Startups May Get Big Tax Break New, bipartisan legislation proposes to amend the IRS code to allow new businesses to write off more of their operating costs. The Small Business Formation and Job Creation Act, would raise the start-up business deduction from the current $5,000 to $20,000. WSJ.com [Read Full Article]