Recovery Act 101
With much debate, the Recovery Act of 2009 was passed by Congress to help pull the U.S. from the grips of a historic recession. There are many provisions in the new law that could help package printers in these difficult times.
Seek expert assistance
The items highlighted above are a few noteworthy provisions in the Recovery Act. Relative to the tax provisions, businesses should consult a tax expert to both ensure compliance with the new law and to make sure it is taking full advantage of all aspects designed to provide tax relief and improve cash flow. Any printer struggling in this recession or in a position to make a capital investment to improve current and future operations should look into the enhanced programs offered through the SBA to open up the credit lines for qualified businesses. pP
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