Tax Provisions in Stimulus Act for Businesses and Individuals

March 2009

The recently enacted American Recovery and Reinvestment Act of 2009 (the "Stimulus Act") includes a number of new tax breaks, both large and small, and extends several existing tax breaks for businesses and individuals. Although some provisions are not as generous as originally hoped, there are still plenty of opportunities for individuals and businesses alike. Following are some highlights of the new legislation.

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