TITLE

Service Centers May Find Tax Breaks 'Stimulating'

AUTHOR(S)
Battersby, Mark E.
PUB. DATE
March 2009
SOURCE
Metal Center News;Mar2009, Vol. 49 Issue 3, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article offers news briefs related to taxation in the U.S. More than $300 billion in potential tax savings is included in the American Recovery and Reinvestment Act of 2009. The Net Operating Loss carry-back provisions can provide potential savings on business tax provisions. With the aim to help small businesses, metal canter operators can choose to write off the cost the newly acquired equipment and certain other capital expenses.
ACCESSION #
37375584

 

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