The American Hotel and Lodging Association offers a break for TV Conversions
According to the American Hotel and Lodging Association, of which The Refinishing Touch is a member, the Economic Stimulus Act of 2008, ratified in February, is offering a break to hotel owners for "Increasing expensing limits and a 50% 'bonus' depreciation".
With technology influencing almost every business decision made in 2008, TVs are going digital as hotel owners are quickly replacing them and armoires that held them while revamping their properties. The Refinishing Touch can help with this process, while maintaining the highest level of satisfaction, and saving money on each room.
Hospitality and other business proprietors can deduct $250,000 of capital investment made in the year of 2008, if they spend less than $800,000 of capital assets in the same year.
Bottom line: manage your assets, it pays back!
With technology influencing almost every business decision made in 2008, TVs are going digital as hotel owners are quickly replacing them and armoires that held them while revamping their properties. The Refinishing Touch can help with this process, while maintaining the highest level of satisfaction, and saving money on each room.
Hospitality and other business proprietors can deduct $250,000 of capital investment made in the year of 2008, if they spend less than $800,000 of capital assets in the same year.
Bottom line: manage your assets, it pays back!
Labels: saving money
posted by TRT Blog on
Tuesday, July 15, 2008
at
11:00 AM
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