President Obama today signed H.R. 5297, the Small Business Jobs Act of 2010 bill, into law.
The bill has been a vehicle for getting many loan programs and tax break extension provisions through Congress.
One provision, for example, will ease the rules small businesses follow when deducting cell phone costs from taxable income.
Another provision will let self-employed individuals deduct the cost of health coverage when calculating 2010 self-employment taxes.
Among life insurers and annuity issuers, Section 2113, a partial annuitization provision, has been the bill provision getting the most attention.