There are some individual and business tax relief provisions in the Stimulus Act. Temporarily, a business owner can expense up to $250,000 of qualified equipment rather than depreciate it over time. This benefit will continue to phase-out on a dollar-for-dollar basis once qualified equipment purchases exceed $800,000.

The Stimulus Act also extends availability of the 50% bonus depreciation provision for capital expenditures incurred in 2009.

Finally, the act extends the two-year carry back provision for net operating losses to three, four or five years thereby increasing the likelihood, availability and amount of refund to enhance a business’s cash flow.

Talk to your CPA to see how the stimulus can help you with new Reliance and Haag-Streit equipment.

Haag-Streit USA and Alcon Team Up to Market the LENSTAR LS 900

Stimulus Act

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