Small Employer Tax Relief Act of 1999

Small Employer Tax Relief Act of 1999 - Amends the Internal Revenue Code (IRC), with respect to small businesses, to: (1) advance, from calendar year 2007 to taxable years beginning after enactment, the 100 percent deduction for the health insurance costs of the self-employed; (2) increase the meal and entertainment deduction; (3) increase the aggregate amount of depreciable business assets which may be expensed annually to $35,000; (4) reduce the maximum tax rate; (5) advance, from calendar year 2008 to taxable years beginning after enactment, the six percent tax rate under chapter 23 (Federal Unemployment Tax Act) of the IRC; and (6) permit the use of the cash accounting method.