April 7, 2008, Washington, DC – Mr. Tony Jimenez, President and CEO of MicroTech, a premier Service-Disabled Veteran-Owned Small Business (SDVOSB) and 8(a) Hispanic-Owned Small Business, attended a meeting today at the White House, at President Bush’s request, to speak with the President and his advisors regarding the tax incentives in the economic growth package and the positive benefits the tax incentives will have on small and medium sized businesses.

In February 2008, President Bush signed into law an economic growth package that will boost our economy by putting money back into the hands of American workers and businesses. This growth package meets the criteria the President laid out in January – it amounts to more than $152 billion, or about one percent of GDP, provides tax rebates to more than 130 million American households, and offers temporary tax incentives for businesses to invest in their companies and create jobs. These incentives have already been put in place and are beginning to have an impact. The growth package was carefully calibrated and is just large enough to promote short-run growth in our economy without jeopardizing long-term budget objectives.

Said Tony Jimenez, President and CEO of MicroTech “I told President Bush that we are very excited about the benefits that the Economic Stimulus Act of 2008 will provide MicroTech. The act will allow MicroTech to fully expense tangible property valued up to $250,000 (currently $128,000) in the year it is purchased, up to an overall annual investment limit of $800,000 (currently $510,000) and will save our company more than $60,000.”

Official Whitehouse Press Release »

Video of Meeting at the Whitehouse »

 

MicroTech is a “Service-Disabled Veteran-Owned and 8(a) Hispanic-Owned Small Business” headquartered in Vienna, VA. MicroTech provides on demand support bringing end-to-end Engineering Services and Information Technology (IT) solutions to the Federal Government. MicroTech optimizes effectiveness, efficiency and quality of delivered services while improving clients’ ability to leverage the rapid changes in technology. MicroTech applies its regimented process, enterprise IT experience, and state-of-the-art engineering solutions to integrate different technologies and create proven results that respond to clients' strategic needs. MicroTech specializes in customized solutions that help clients maximize productivity, reduce total cost of ownership and minimize the risk associated with technology upgrades and systems modernization. MicroTech is a Microsoft Gold Certified Partner; a Symantec Managed Security Services Partner, an Autonomy Added Value Reseller and an EMC Velocity Partner.