12/9/2008

President-elect Barack Obama has indicated that he may hold off on his plan to raise taxes on individuals earning more than $250,000 a year, which would affect many small-business owners. If Obama goes through with his plan, how hard a business is affected will depend on how it is structured. Most tax bills would stay the same or shrink, but some will increase.

Full Story:
CNNMoney

Related Summaries