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The recession: good for small business?

February 14, 2008 by ShannonCherry  
Filed under Business

The recession: good for small business?

When the new stimulus package becomes checks in May, many small business owners will find the month one of the more flush ones.
You see, once taxpayers get their hands on their checks, they are most likely going to spend it, especially for products and services that small  businesses provide.
In addition, some other benefits passes by the resolution that President Bush will soon sign into law, will give companies a 50 percent bonus deduction on new equipment that would normally be depreciated over many years. It also increases the limit on expenses that small businesses can deduct from annual income, with …read more


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