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Business Resources:
Organizations
and Resources
*Small
Business Loans available through SEED Corporation*
Government
Websites
Local
Media Contacts
Related
Events & Announcements
IRS
- Economic Stimulus Act 2008
This
contains two provisions that provide tax benefits for businesses.
The first provision increases the limit up to which a business can
expense property purchased and placed in service during its 2008
tax year. The second provision provides an additional 50 percent
special depreciation allowance for property acquired and placed
in service during calendar year 2008. Unlike the economic stimulus
payments that millions of individuals have already received, the
tax benefits for businesses are not automatic; businesses must act
to take advantage of the new provisions by purchasing qualifying
property. There is a new fact
sheet available on
IRS.gov regarding the business provisions of the Economic Stimulus
Act.
Fourth
Annual Massachusetts Conference for Women
Thursday,
December 11, 2008
Boston
Convention and Exhibition Center
www.MAconferenceForWomen.org
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