Tax Tip Tuesday: Tax Law Update
On July 21, the Senate Finance Committee approved the extenders bill. This bill includes the extension of 52 tax provisions that usually...
Tax Tip Tuesday: Code Section 179
“What is the current status of Code Section 179 for the calendar year of 2015?” That is the question that I have been asked multiple...
Special Edition Tax Tip Tuesday
We have an important tax law update for you. In this special edition of Tax Tip Tuesday, we will address the tax package that the Senate...
Legislation Update
Today we have an update in regards to some end of year-end tax legislation. The House has passed a bill that would extend 55 different...
Year End Tax Planning Challenges Part 2
We are continuing our discussion from last week on year-end tax planning challenges. Businesses that have benefited from the generous...
Qualified Real Property Expensing for Year End Equipment Purchases
Today we are continuing to look at year-end tax planning as it relates to purchases of equipment and this week we are examining qualified...
Bonus Depreciation for Year End Equipment Purchases
Today and next week we will continue to look at year-end tax planning as it relates to purchases of equipment. An expanding and...
Year End Tax Planning and Buying Equipment Sec. 179
Today and in the next two weeks we will take a look at year-end tax planning as it relates to purchases of equipment. An expanding and...
New Forms for Filing 2012 Tax Returns
The IRS announced that they will begin processing tax returns that contain Form 4562 for Depreciation and Amortization starting February...
American Taxpayer Relief Act Changes to Section 179
Retroactively effective for tax years beginning in 2012, the new tax act increases the maximum expensing amount under Code Section 179...