| New Law Aids Depreciation, Expenses |
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| Written by Mike Buetow | |||
| Tuesday, 18 March 2008 11:22 | |||
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WASHINGTON -- A pair of provisions of the Economic Stimulus Act of 2008 signed into law
Feb. 13 by President Bush provide
significant benefit to manufacturing companies. The new law nearly doubles the amount of deductible Code Sec. 179 expensing for 2008, to $250,000, and increases the threshold for reducing the deduction to $800,000. It applies to property purchased and put into service in the tax year beginning in 2008. This would benefit businesses purchasing equipment. The law also provides a temporary bonus depreciation aimed at encouraging business investment. Property must be eligible for the modified accelerated cost recovery system, with a depreciation of 20 years or less, and must be purchased and placed in service during 2008. The new law provides taxpayers a 50% first-year bonus depreciation of the adjusted basis of the property.
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Inventec Releases SnBiAg Solder Paste
Tin-bismuth-silver solder paste for SMT assembly has silver content of >1% for improved mechanical reliability and thermal cycling. Melting point is around 139°C. Offers good soldering yield for...
Tin-bismuth-silver solder paste for SMT assembly has silver content of >1% for improved mechanical reliability and thermal cycling. Melting point is around 139°C. Offers good soldering yield for...
