How the 2008 Economic Stimulus Package can help you

Discussions in the media concerning the 2008 Economic Stimulus Package for individuals and businesses are running rampant. The key points being talked about are vital in today’s economic conditions. The use of individual components of this act is specific to each business and / or individual situation.

However, Cottrell would like to take the opportunity to publicize some additional news associated with this stimulus package. On February 21, 2008, a new tax benefit for businesses was put into place for this year. The incentive to stimulate the economy for businesses includes a fifty percent (50%) accelerated depreciation program for key capital purchases.

Please take a moment to review the associated link to learn more about the tax benefits of 2008.