Is Tax Relief On The Way For Virginia Businesses?
Heidi Meinzer, of Bean, Kinney & Korman, P.C., has a terrific summary of three business tax relief measures that are on the Virginia General Assembly's docket for the upcoming session. Although the proposed tax credits (HB 2, HB 47, and HB 57) are not substantial, Virginia businesses will certainly appreciate any relief to mitigate the worst economic downturn in the Commonwealth since the 1930s.
The 2010 Virginia General Assembly session convenes on January 13, 2010.
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Every little bit helps for sure on tax relief.