Tuesday, July 14, 2009

American Recovery & Reinvestment Act, stay away from me · American Recovery & Reinvestment Act, mama let me be ...

Most of the buzz on the American Recovery & Reinvestment Act (ARRA, aka 'the stimulus package') is about grants and loans. Another component that can be beneficial to business are the tax benefits made possible by the ARRA. From expanded Work Opportunity Tax Credits to new Net Operating Loss Carryback rules to Energy Efficiency and Renewable Energy Incentives, there are things on the IRS website that you might should know before that tax filing deadline. For updated information on federal tax and the American Recovery & Reinvestment Act, check out the IRS page, The American Recovery and Reinvestment Act of 2009: Information Center.