Tag Archive: "Stimulus Bill"
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Where is our Stimulus Package Going
My colleague, Scott Heintzelman, has a great blog entitled The Exuberant Accountant. In one of his most recent posts, he references a site that gives a breakdown by state and county of the stimulas money that is being spent on projects, etc. If you are interested to see where your county ranks and where the […]
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Bonus depreciation extended to 2009
The recent Stimulus Tax Package includes an extension of bonus depreication from 2008 into all of 2009. This means that for all new equipment (including single purpose ag buildings) qualifies for 50% of the cost being deducted in 2009 with remainder being depreciated over the normal tax life of the equipment. For example, if a […]