It's nearly tax time again. This year, there's some good news: For the small operator, there is an improvement in the tax code that you should now take advantage of. Actually, you weren't disallowed from taking it before—you could. But this year, the IRS has published its availability, because so many small-business owners have taken advantage of it. Call it a loophole or a loose inter- pretation; this strategy is something that will improve your tax picture (read: reduce your profits) and lighten your tax liability.
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