Great news for taxpayers who are embarking on a new construction project or are adding leasehold improvements in 2008 - the Economic Stimulus Act of 2008 was officially signed into law on February 13, 2008, and with it, 50% bonus depreciation is back for a limited time.
For more information go to:
http://www.mocpa.org/content/files/pdfs/econstimulus.pdf
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Many people bidding for some of these government funded construction projects will be left out in the cold if they do not have their OSHA training. Several states (MO, NY, CT, MA, RI, & NH) have laws requiring workers on publically-funded jobsites to take the OSHA 10 hour construction training class, like the ones available at www.osha10hourtraining.com . Without the OSHA card, they cannot get on the site. Many general contractors also have the same requirement for minimum OSHA training. So be prepared, do not wait until the last minute or you may be disqualified from getting onto the jobsite.
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