The bMighty ANTenna
News From Around The Web

What the Stimulus Package Means for Small Business

Tuesday, January 29, 2008
By bMighty.com Staff

Today the House of Representatives passed the $146 billion fiscal stimulus package it worked out in concert with the Bush administration. Assuming the Senate goes along with it--no sure thing--what does it mean for small and medium-size businesses?

Last week's news brought the initial outlines of the tax breaks made available to businesses in the package, but anyone who looked into the fine points likely came away confused. For example, the description of the bill on House Speaker Nancy Pelosi's Web site said firms could write off "50 percent for investments in 2008," while the White House version had it as "an additional 50 percent of the cost of their investment in 2008" (emphasis added). Similar differences are found in the descriptions of the raised limit on what businesses will qualify for the deduction. Inc.com Robb Mandelbaum takes a stab at teasing out what's really in the package in his column, "How Much Will The Stimulus Help Your Business?"

Source(s): Inc.com

This is a public forum. CMP Media and its affiliates are not responsible for and do not control what is posted herein. CMP Media makes no warranties or guarantees concerning any advice dispensed by its staff members or readers.

Community standards in this comment area do not permit hate language, excessive profanity, or other patently offensive language. Please be aware that all information posted to this comment area becomes the property of CMP Media LLC and may be edited and republished in print or electronic format as outlined in CMP Media's Terms of Service.

Important Note: This comment area is NOT intended for commercial messages or solicitations of business.

Research & Downloads

bMighty ANTenna

News From Around The Web

ISO Says OK to PDF

-- Thursday, 07/03/08 InformationWeek

Insider Security Threats Double in Past Year

-- Thursday, 07/03/08 DarkReading

Google Puts Instant Messaging on iPhone and iPod Touch

-- Thursday, 07/03/08 CNET News

Study: Dialup Users Don't Want Broadband Anyway

-- Thursday, 07/03/08 Wired

Small Businesses See Modest Job Growth, Midsize Businesses Down: Report

-- Wednesday, 07/02/08 The Street, CNN Money

See All ANTenna News More

Browse by Category

bMighty Server How-To Center

Nuts and bolts info you need to choose and install a server

FREE Technology Services Locator!

Search our database of 200,000 solution- provider locations by business activity, technology, vertical market, and customer size. Find a technology partner NOW.