BP&F Tax Department

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Contact Info:
970 West Alluvial, Suite 101
Fresno, CA 93711
Phone: (559)432-2346
Fax: (559)432-5831
mail@bpfcpa.com

President's signature sets effective date of various Recovery Act provisions

On Feb. 17, the President signed into law H.R. 1, the American Recovery and Reinvestment Act of 2009 (the Recovery Act).  The President's signature sets the effective date for numerous Recovery Act provisions with an effective date geared to the Feb. 17, 2009 date of enactment, including these provision highlights.  The new law, which contains nearly $300 billion in tax relief and significant changes to the Internal Revenue Code, sets in motion a wave of direct spending and tax incentives to jump start the U.S. economy out of recession.

For more details of the Recovery Act, please contact your tax adviser at (559) 432-2346. 

IRS Required Statement: This document was not intended or written to be used, and it cannot be used by the recipient, for the purpose of avoiding penalties that may be imposed on any taxpayer.