Business News
Time is Running out for New Tax Breaks!
Jan Rosen - NY TIMES
Businesses may take an immediate write-off of up to $250,000 for equipment purchased in 2008, double the amount allowed in 2007.
Schumer unveils $700M small-business stimulus plan
Carrie Mason-Draffen - Newsday
Plan would waive service fees that banks charge to make the Small Business Administration-guaranteed loans; would waive fees for lenders; increase funding for the SBA so it can expand its staff and promote loans; and raise loan and guarantee limits and allow SBA loans for refinancing.
Shifting into Cost-Cutting Mode
John Tozzi - Businessweek
Businesses may take an immediate write-off of up to $250,000 for equipment purchased in 2008, double the amount allowed in 2007.
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