Tax season is here once again and with it are many changes to the tax law. Highlights of the new tax provisions include homebuyer credits, unemployment credits, education credits, and health coverage credits. The homebuyer credit was expanded and extended on November 6, 2009. The provisions according to the IRS website (http://tiny.cc/homebuyer250)?include: An eligible taxpayer [...]
An entourage is a group of associates that surrounds us. A well-crafted entourage will not only add flavor to your business and personal life, but contribute to your success in both areas. An entourage is different from a clique, which is an exclusive group of people. A clique is closed and doesn't allow for the [...]
In February 2009, the American Recovery and Reinvestment Act (ARRA) extended some special tax breaks to small businesses. Businesses need to act fast to take advantage of several of the tax breaks. The bonus depreciation and increased section 179 deduction are valid through the end of 2009. The bonus depreciation is 50% of the cost [...]