Giving Resources and Opportunities to the Workforce Act of 2008
Last action on Jan 23, 2008Referred to the House Committee on Ways and Means.
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Summary
Giving Resources and Opportunities to the Workforce Act of 2008 - Amends the Internal Revenue Code to: (1) allow a five-year carryback for net operating losses incurred in 2007, 2008, or 2009; and (2) increase to $250,000 in 2008 the expensing allowance for certain depreciable business assets.
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