SCORE Small Business Blog

Cash: Small Business Stimulus Package
2 Comments

Cash is King. Get Your Share.

Get the research report with an overview of elements of the Small Business Stimulus Package and Tax benefits for small businesses.

Economic Stimulus Highlights:

    Funds for indistries that modernize infrastructure and accelerate shift to clean energy.

  • Tax credit for individuals via IRS Publication 15-T on wage withholding. IRS download. There are COBRA subsidies for employees involuntarility terminated from 9/1/08-12/31/09.
  • Accelerated equipment depreciation is available to small businesses under the Section 179 deduction for equipment.
  • Be informed to make the most of provisions that can help you.
    Get the report.

More details about the stimulus package and how it may apply to your business appear in the report. SCORE, MyVenturepad.com and SAS participated in the research report.

Christine Banning, SCORE
View more posts by Christine

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For 50 years, SCORE has helped aspiring and current small business owners achieve their dreams. Through a network of over 11,000 volunteer business mentors in 340+ chapters across the country, SCORE connects decades of business experience and knowledge with those who can best use it.
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Discussion (2) Comment

  1. Connie:

    You are very welcome. The depreciation bonus, in particular, can be a real help to small businesses. You can also ask SCORE for advice in person at a local office. SCORE mentors do a good job with cash flow and equipment planning–as a resource for you.

    Best of luck!


  2. Connie KillebrewVisitor

    Thank you so very much for the information, on certain tax provisions. I found it to be helpful

    Thank you,
    Connie

 

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