And boy do we need it. Apparently the government calls those businesses that are self-proprietorships, or self-employed as “personal businesses”. And fortunately for people that qualify, there are several things that are going to help just a smidgeon these next two years.

There is the Make Work Pay tax credit which is several hundred dollars, and an accelerated depreciation for certain assets. Neither of which will give you a tremendous boost, but when you must count pennies in this economy, every little bit counts. Obviously you should consult your tax professional before going off and buying a bunch of things or counting on those dollars to come back into your business to make sure that you actually land in the qualification realm.

What this means for us? Well, it just reinforces the fact that there are at least twenty three million personal businesses out there that all need some sort of accounting software. And with what you’d save from the tax credit, isn’t it time to switch over to something that also functions better?

Photo Credit: (spcbrass)