The American Recovery and Reinvestment Act of 2009 was signed into law by President Obama Feb. 17. The act contains numerous provisions intended to provide a much-needed stimulus to the economy.
March 10, 2009 at 12:00 AM
1 minute read
Capital Gains
The American Recovery and Reinvestment Act of 2009 was signed into law by President Obama Feb. 17. The act contains numerous provisions intended to provide a much-needed stimulus to the economy. This article focuses on those provisions of the act that are intended to provide tax incentives for businesses, especially small and midsized ones, to enhance their capital expenditures in 2009.
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