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"Last chance to take advantage of year-end tax savings."
Due to the extension of Section 179 under the 'HIRE Act of 2010' - the enhanced limits under the 'Jobs Act of 2010' - and the recently enacted 100% Bonus
Depreciation under the 'Tax Relief Act of 2010' - you can basically write-off 100% of all the equipment and software your business needs to buy
or finance this year!
Oct 10, 2011 Important 4th quarter tax
planning implications. Both the 'Tax Relief Act of 2010' as well as the 'Jobs Act of 2010' that passed in late 2010 affected Section 179 in a positive way for this 2011 tax year. The newest changes are as follows:
The Section 179 Deduction limit increased to $500,000. The total amount of equipment that can be purchased increased to $2 million. This includes most
new and used capital equipment, and also includes software.
"Bonus
Depreciation" increased to 100% on qualified assets. However, this can be taken on new equipment only.
When applying these provisions,
Section 179 is generally taken first, followed by Bonus Depreciation - unless the business has no taxable profit in 2011.
~Continue Reading~
"Why would 400 construction specialists meet in Orlando"
Build your understanding of hot topics in the construction industry
during the FICPA's Construction Industry Conference in Orlando, Florida on October 21, 2011. The conference sessions will give you the tools to enhance your expertise in critical areas such as audits, fraud controls and surety
issues.
John Meibers, President of ComputerEase, will be in Orlando for a panel at the conference entitled, "'Cloud' vs. 'Onsite Installed' Construction Technology." The panelists will
be discussing the benefits and challenges of cloud computing in the construction industry, starting at 10:55 am.
~View Conference Brochure~
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10-21-2011
FICPA Construction Industry Conference
11-2-2011 - 11-3-2011
CFMA Carolina Construction Conference
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