Expert Advice On How To Make The Most Out Of The Tax Stimulus Package

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Moderator: Elliot Markowitz Editorial Director - Nielsen Web Seminars and Digital Events	James Rosenberg Senior Editor - Editor & Publisher

John Woolard Managing Partner - Morrison and Head	David R. Lightfoot President - Chesapeake Resource Group

Edward A. “Trip” Casson Chairman and Chief Executive Officer - Southern Lithoplate Inc.	Steven P. Mattingly Vice President - Southern Lithoplate

There is no argument that the publishing business is going through challenging times. National and local publishing houses are grappling with new forms of competition for reader and advertiser attention as a result of the rise of the Internet, cable and satellite broadcasting and even the proliferation of mobile devices.

Circulation is decreasing and revenue is following. To try and offset this, most publishing companies are looking at ways to tighten their operations and reduce workflow costs where possible. As a result, many capital equipment expenditures have been put on hold, such as buying new machines such as platesetters, as an example.

However, now just may be the perfect time for publishers to reinvest in their operations and purchase new equipment. The economic stimulus package introduced this year by President Bush contains approximately $50 billion in tax incentives aimed at encouraging businesses to reinvest. These provisions would include a 50 percent write-off of capital equipment purchased this year and a $200,000 deduction for equipment purchased by small businesses.

Join Editor & Publisher magazine, for this on-demand Web Seminar, sponsored by Southern Lithoplate Inc., and hear from publishing and tax experts regarding how your publishing company can take advantage of the new stimulus package. Attend this online-only event and learn if now is the right time to reinvest in capital equipment as a result of the new tax rebates.

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