Obama Extends Bonus Depreciation

In July, PIA representatives and Global Printing CEO Jon Budington testified before the U.S. House Small Business Committee, urging Congress to pass pro-growth legislation.

The provision to increase small business expensing (Section 179) will allow printers to make immediate investments in their businesses. The law increases expensing limitations up to $500,000 and provides an increase in the phase-out threshold amount to $2 million for 2010 and 2011. PI