Economic Stimulus Package — Time to Act: Now
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Erik Cagle
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From a business standpoint, printers, trade finishers and mail houses that purchase equipment after December 31, 2007, and install it before January 1, 2009, can be eligible for 50 percent bonus depreciation (technically, the depreciation is accelerated) and possibly enhanced IRC Section 179 expensing. On the latter, the limit on capital investment during 2008 that can be expensed was raised from $128,000 to $250,000 for companies that purchased less than $800,000 in capital assets during the year. The cap for expensing dwindles dollar for dollar (pro rata) above the $800,000, to the phase-out maximum of $1,050,000.
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Erik Cagle
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