Tax Alert: Tax Highlights in the ARRA of 2009

Tax Alert: Tax Highlights in the ARRA of 2009

Feb 24, 2009

Article

Brownstein Tax Alert, February 24, 2009

Included in the American Recovery and Reinvestment Act of 2009 (the "ARRA") is broad-reaching tax legislation. This Alert focuses on the significant business tax provisions included in the ARRA. The provisions we highlight will impact businesses buying equipment, small businesses with net operating losses, owners selling a small business, owners of an S corporation wishing to convert to a C corporation, participants in TARP restructurings, and borrowers whose debt will be purchased at a discount.

Click to read our overview of the business tax incentives included in the ARRA.

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