Putting Economic Stimulus Provisions to Work

Many financial executives say their companies are using or are planning to take advantage of economic stimulus tax provisions, according to a Grant Thornton survey of U.S. CFOs and senior comptrollers.

Here are the provisions they’re planning to use:

Bonus depreciation (50%)
Increased section 179 expensing (46%)
Net operating loss carryforwards (43%)
Acceleration of R&D or AMT credits (25%)
Cancellation of debt income (9%)

Source: Grant Thornton survey of senior financial executives, grantthornton.com.

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