From the blog - Tennessee Tax Law - a very succinct review of the new business tax law which will start changing business taxes in the year 2014.
The most important piece of information was that small businesses grossing less that $10,000 no longer need to worry about this tax. These businesses grossing more than $3,000 and less than $10,000 will still have to pay a minimal business tax fee, but no more reporting and paying the tax. If you want to read the full blog click on the link from my blog to get all the scoop.
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