In February 2008, Congress enacted the Economic Stimulus Package of 2008 (HR 5140 - Pub. L. No. 110-185, 122 Stat). Designed to make increased spending by business more attractive for the 2008 tax year, this legislation provides companies with incentives to purchase assets, such as software, and improve their business. By understanding the full benefits provided by the passage of this act, and taking full advantage of them in 2008, companies can reduce the cost of qualifying property by purchasing it and placing it in service in 2008.
Visit this website to access a short White Paper summarizing the benefits of the Stimulus Package and providing examples using software. http://www.sagemas.com/promos/forms/espQ308sm/Default.aspx
