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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