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Taxation & Estate Planning

: TaxProf Blog

IRS Explains Business Tax Incentives of Economic Stimulus Act

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The IRS has released IR-2008-22, which explains the two business incentives in the Economic Stimulus Act of 2008: (1) the 50% depreciation allowance for 2008 purchases, and (2) the increase in the § 179 small business expensing limitation to $250,000...

Full post as published by TaxProf Blog on February 22, 2008 (boomark / email).

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