Small Business Jobs Act of 2010: What's in it for Internet Startups and Freelancers

Yesterday President Obama signed the Small Business Jobs Act of 2010 into law, providing access to loans and tax cuts for small businesses to encourage growth. While many of these measures are aimed at manufacturing companies, there are some that give even the smallest Internet-based startup or freelancer a break on their next tax return:

This is especially good news for writers, graphic designers, marketing professionals and other independent contractors who make the same amount of money as they did working for a large company, but who now pay their own health benefits and the employer’s share of their taxes. For more information on the jobs bill, check out this video posted yesterday on the White House blog: