maverickag

Stimulus package includes provision for small (ag) businesses

In Agribusiness, Small Business on March 19, 2009 at 5:31 pm

If you’re looking for some help keeping your business going strong in this weak economy, take a look at the stimulus package. It’s a bit of a big document, but the Small Business Administration does a good job of breaking down the benefits.

If you visit www.sba.gov, you’ll find  plenty of information, including a fact sheet and the transcript of a live chat that’s happening today.

There are numerous tax benefits meant to stimulate investment but also to reward past investment. For example, there is a provision that allows losses for previous years to be claimed on this year’s tax documents.

If you need additional help understanding the new law, contact us at maverick@letmaverick.com or call your local Small Business Administration district office.

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