Opinions expressed by Entrepreneur contributors are their own.
When President Bush signed the stimulus package in February, it not only promised cash rebates for tax payers, but also spelled assistance for entrepreneurs. Included in the package: an immediate 50 percent bonus deduction on new equipment that would normally be depreciated over many years, and an increase from $128,000 to $250,000 of the limit on expenses that small businesses can deduct from annual income (with a total cap of $800,000).