close

Member Login

CVTA Member Area
LOGIN
CVTA Member Area
Click Here to learn more about the Commercial Vehicle Training Association - uniting the voices of private truck driver training programs.

 
CVTA is the national trade association representing private truck driver training programs. CVTA currently represents 180 driver training sites nationwide.

Truck driving schools across the United States and Canada look to CVTA for for advocacy, legislation, advice and camaraderie, while prospective students look to CVTA to find the best trucking schools in their state.

Contact CVTA:   PH:  (703) 642-9444  This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

CVTA E-Newsletter

Mail Format:

CVTA Calendar

May 2008 June 2008
Su Mo Tu We Th Fr Sa
Week 18 1 2 3
Week 19 4 5 6 7 8 9 10
Week 20 11 12 13 14 15 16 17
Week 21 18 19 20 21 22 23 24
Week 22 25 26 27 28 29 30 31
We have 1 guest online
Stimulus package provides relief for businesses buying equipment PDF Print E-mail

By CCJ Staff

The economic stimulus package passed last week by the U.S. House and Senate and signed by President Bush provides enhanced expensing and depreciation relief for businesses buying equipment and placing it into service this year.

A trade or business can depreciate an additional 50 percent of the cost of an asset acquired and placed into service in 2008. Eligible properties for bonus depreciation include (1) tangible property that had a recovery period not exceeding 20 years, (2) purchased computer software and (3) qualified leasehold improvement property.

Bush signed the two-year $168 billion economic stimulus package on Wednesday, Feb. 13, hoping it would deliver "a booster shot" to an ailing American economy. Bush said the world's largest economy had overcome shocks in the past and expressed confidence that the giant economic aid plan would help the economy through a "rough patch."

The economic stimulus package, which also includes tax rebates to individual taxpayers, is effective for calendar year 2008.

 
< Prev   Next >

 CVTA Wishes to thank our

Platinum Member Sponsors:


Image

Image   Image

 

 


 And our

Gold Member Sponsors:

 

ImageImage Image