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Bailout bill includes tax provisions

โœ Scribed by Shirley Dennis-Escoffier


Publisher
John Wiley and Sons
Year
2009
Tongue
English
Weight
57 KB
Volume
20
Category
Article
ISSN
1044-8136

No coin nor oath required. For personal study only.

โœฆ Synopsis


The Emergency Economic Stabilization Act of 2008 (EESA) includes many beneficial tax provisions for businesses in addition to the well-publicized $700 billion bailout of the financial industry. For many businesses, the single most important tax provision is the extension of the research credit that had expired at the end of 2007. However, many other favorable tax provisions for businesses were also extended and new tax breaks added to encourage energy conservation. This column highlights some of the more significant tax provisions for businesses.


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