Business News – 04-27-2021

Approval of Tax Break in California Legislature for Small Businesses

  • California voted to capitulate up to $6.8 billion in revenue for the next 6 years so small businesses owners can have smaller bills
  • This tax break is only available to business owners if they had a loss of 25% or more during a three month period during 2020. 
  • 15% – 25% of business owners do not benefit from this tax cut

By K Buenavista

Mr. Buenavista is a writer that specializes in breaking down complex topics into easy to understand formats that appeal to a wide range of news seeking readers, without missing the important details. He handles a majority of the daily news reporting at Easy-Ad, and has written on many other websites. He resides in Southern California.