Stimulus Bill and Leasing

Friday, February-27-2009

Whatever your feelings are regarding the massive stimulus bill that has been signed into law, there is one thing that directly benefits businesses. The 179 Rule has reverted back to the 2008 levels, meaning that there is 50% bonus depreciation for the year and the maximum deduction amount went from $125,000 back to $250,000. While it is still early in the year and the economy is unpredictable, businesses can directly benefit from tax deductions for leasing new and used equipment. Note: Business Tips & Trends posts are provided for informational purposed only. As always, anyone wishing to pursue ideas provided here
Read on >>

Posted by mike.shafer on 02-27-2009 at 11:02 am
Posted in Business Thoughts & Trends with 0 Comments