TITLE

Early action can net big tax savings for savvy business owners

AUTHOR(S)
Webster, Richard A.
PUB. DATE
May 2004
SOURCE
New Orleans CityBusiness (1994 to 2008);5/17/2004, Vol. 24 Issue 47, p29
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Focuses on the benefits of two tax provisions for business owners in the U.S. Permission for the owners to take sizeable tax deductions on newly purchased equipment; Advantages of planning early and talking to a CPA; Passage of the Jobs and Growth Tax Relief Reconciliation Act by the U.S. Congress.
ACCESSION #
13185651

 

Related Articles

  • Help Clients Avoid Capital Gains Tax on Stocks: Tax Strategies Scan.  // Financial-planning.com;11/28/2014, p1 

    Lowering your client's tax bill, year-end charitable tax tips and 15 surprising tax deductions.

  • Supersize depreciation deductions in 2011.  // Tax Strategist;Feb2011, Vol. 6 Issue 2, p6 

    The article focuses on bonus depreciation for all size of business enterprises, which is a new extension under the 2010 Tax Relief Act. It states that a client could claim 100% bonus depreciation if he or she placed a qualified business property into service in 2011. It says that the client...

  • SHOCKING STAT OF THE MONTH.  // EC&M Electrical Construction & Maintenance;Apr2005, Vol. 104 Issue 4, p10 

    The article reports that nine per cent is the tax deduction available to C and S corporations in 2010 and beyond for construction work.

  • Executive Compensation in Excess of $1 Million: Shareholder Approval and Corporate Waste. Kaderabek, Lisa M.; Quinlan Jr., William J. // Benefits Quarterly;1995 Third Quarter, Vol. 11 Issue 3, p96 

    This article discusses the potential elimination of the business expense tax deduction for annual compensation in excess of a million-dollar to a single executive, the third fundamental change to the executive compensation process. A careful decision making process is needed in considering...

  • Tax Deduction for Practice Equipment.  // Australian Advanced Aesthetics;Jun2009, Issue 2, p14 

    The article reports on the tax deductions for practice equipment which are purchased between December 12, 2008 and June 30, 2009 in Australia. It states that practicing surgeons can enjoy low price tag and interest rates on most motor vehicles and will have the possibility of claiming the 30%...

  • TAX INFO.  // American Teacher;Apr2005, Vol. 89 Issue 7, p23 

    Reports on the reinstatement of the educator expense deduction for both the 2004 and 2005 tax years. Benefits to teachers and other educators.

  • El IS y la limitación a la deducibilidad de gastos financieros del RDL 12/2012. Chandro, Luis Alfonso Rojí; Ondarza, José Antonio Rodríguez // Partida Doble;May2012, Vol. 23 Issue 243, p12 

    The Royal Decree Law 12/2012 of 30 March is a substantive innovation regarding the fiscal consideration of financial expenditures, establishing for exercises initiated from 1/1/2012, occurs a permanent structural change in the configuration of the tax base for corporate tax, limiting the...

  • Don't miss these hidden DEDUCTIONS. Brentnall, Vicki F. // Medical Economics;2/6/2004, Vol. 81 Issue 3, p103 

    Discusses the identification of deductible expenses in taxation. Settlement charges on a new home; Late-payment charges; Prepayment penalties; Advance interest; Insurance-policy loans.

  • Allocating group relief: what criteria? Crouch, Peter // Accountancy;Feb1985, Vol. 96 Issue 1098, p103 

    Discusses issues that come into play when quantifying the amount of group relief potentially available to companies in Great Britain. Emphasis on the flexibility enjoyed by the surrendering company; Necessity of allocating the relief in the most tax-effective way; Double taxation relief; Small...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics