American Recovery and Reinvestment Act -- Sufficient Stimulus?
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Erik Cagle
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Estimated tax payment relief is also available, allowing small business owners the chance to make lower quarterly estimated tax payments. With ARRA, if an individual earned more than 50 percent of his/her gross income in 2008 from a business that employed fewer than 500 people, then the estimated quarterly payments for 2009 will not exceed 90 percent of the tax liability shown on his/her 2008 tax return.
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Erik Cagle
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