TITLE

How new tax law aims to stimulate business

AUTHOR(S)
Battersby, Mark E.
PUB. DATE
May 2008
SOURCE
DVM: The Newsmagazine of Veterinary Medicine;May2008, Vol. 39 Issue 5, p60
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the provisions of the 2008 Economic Stimulus Package in the U.S. that can help stimulate business in veterinary practice. It relates that new stimulus package allows a 50% bonus depreciation deduction for practices buying major equipment and tax breaks. Moreover, it discusses Section 179 of the stimulus package that provides an option for veterinarians to categorize cost of veterinary equipment as expense rather than capital expenditure.
ACCESSION #
32997743

 

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