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Economic Stimulus Package – Loans at $729K

February 21, 2008

Besides the $729K loan limit – there are some great incentives for businesses, from the IRS Newswire:

2008 Economic Stimulus Act Provides Tax Benefits to Businesses
WASHINGTON — In addition to providing stimulus payments to individuals, the Economic Stimulus Act of 2008 provides incentives to businesses. These incentives include a special 50-percent depreciation allowance for 2008 purchases and an increase in the small business expensing limitation for tax years beginning in 2008.

Be Patriotic – Get out and spend some money!

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