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The 2008 Economic Stimulus Act was signed into law on Feb. 13, 2008 by President Bush. The new law affects a wide variety of taxpayers including law firms, attorneys, their staff, and their clients. It contains temporary tax incentives for law firms to make investments in their companies as well as provides individuals with tax relief in the form of tax rebates. This article discusses some key provisions contained in the new tax act.
Tax Provisions Under the New Tax Act
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