Women entrepreneurs in today’s business world

My boyfriend and I have started a small business here in PA. I set it up as a general partnership, 50/50 ownership. My name is first on all documents. Ive heard that if it was set up as a sole proprietorship as a female-owned business, I’d get better tax breaks. Ive also heard that if my name is listed first, I’d get the same tax breaks for the business as female owned. Can anyone clarify?
Thanks, imisidro!

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3 Responses to “Woman business owner get more tax breaks?”

  • tammykej says:

    lol, why in the world would you think that? the IRS doesnt care if your female or male they are going to get their money.

  • src50 says:

    No tax breaks. If you’re going to sell to public entities, you might get preferences as a WBE.

  • imisidro says:

    No, women owners do not get more tax breaks

    However, women owned businesses can get certified as such with the SBA. The certification, which confirms that your business is 51% owned by a woman, will give your business a boost when you engage in government contracting process, including bidding on state government contracts, and even some local corporate contracts.

    Contact the following organizations regarding the procedures and benefits of being certified as a woman-owned business (however, some agencies such as WBENC which is one organization that provides national certification charges $300 for application).

    Women’s Business Enterprise National Council
    http://www.wbenc.org

    National Association of Women Business Owners Corp.
    http://www.nawbo.org

    But not more tax breaks

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