2008 Stabilization Tax Act

Have you heard the news about the tax changes affecting businesses?

In the beginning of October of 2008, President Bush signed into a law a financial rescue package called the Emergency Economic Stabilization Act of 2008.

One keep part of the tax act that all small business owners should be aware of is that this allows an increase in the allowable deduction for leasehold improvements. Previously, cost recovery deductions were allowed for a period of 39 years!! But until December 2009, the period will decrease to 15 years...you can recover improvement costs in half the time.

The applies to owner occupied businesses as well as leased establishments. Consult your financial advisor and see if now is the best time to improve your salon or store and let Salon Interiors help you find stylish yet economical ways to boost your company location.

Business image is critical to attracting clients. Salon Interiors has over 30 years of understanding how to make that work for you.

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