The Senate Offers Small Businesses a Little Relief (The New York Times)
Small business has at least a little to gain from the stripped-down, $15 billion jobs bill that passed the Senate Wednesday.
The bill contains two items of interest to small firms. There’s a hiring tax credit, proposed by a Democrat, Charles Schumer, and a Republican, Orrin Hatch (and challenged by a You’re the Boss blogger, Jay Goltz, here). Any company that hires someone who has been unemployed for the preceding two months will not have to pay payroll taxes on that worker for 2010.