Sunday, August 10, 2008

SBA Launches Tax Savings Resource Center

The U.S. Small Business Administration has created an online new resource center, which connects America’s entrepreneurs with tax management tools and strategies to maximize savings from the 2008 Economic Stimulus Package. It is located at www.sba.gov/stimulus.
This web page contains three resources. 

  • A fact sheet,
    Highlights of the tax benefits from the 2008 Economic Stimulus Package.
  • A depreciation calculator
    Provides an estimate of the first year depreciation available under the provisions of the Stimulus Package.
  • On-line seminar
    Summarizes the tax benefits from the 2008 Economic Stimulus Package.  The seminar concludes with the depreciation calculator.