Tags » Depreciation

Senate Committee Approves Extension of Investment Incentives

Kudos to the Senate Finance Committee for setting the wheels in motion on tax extenders!

Led by Chairman Orrin Hatch (R-UT) and Ranking Member Ron Wyden (D-OR), Senate tax writers overwhelmingly approved an extension of the dozens of tax provisions that expired at the end of 2014 commonly known as “tax extenders.” Included in the 2-year package, effective in tax years 2015 & 2016, are an improved R&D tax credit, increased Sec. 315 more words

Manufacturing

Awning

Awning: (n) material stretched on a frame and used to keep the sun or rain off a storefront, window, doorway, or deck.

Years ago I bought a very large house. 435 more words

A Words

Back to Basics Part XIX - Form 4797 - Sales of Business Property

Originally published in the Cedar Street Times

July 24, 2015

Imagine you are reviewing your recently completed personal tax returns in great detail…oh, wait – I am dreaming…imagine that just before fanning all the pages of your returns and stuffing them in a drawer with half used rolls of Scotch tape, a bag of cotton balls, and a few cat toys, your eye happens to land on line 14 on the first page of your tax returns – other income, with a $4,440 figure in it! 867 more words

Back To Basics

When buying a light-commercial vehicle, beware of depreciation

If you’re a start-up business looking to buy a light-commercial vehicle, arguably your biggest question will be whether to buy new or used.

And we’re not referring simply to the size of your budget. 632 more words

Blog Posts

Are We Dealing in Actual Trucks, or in Depreciated Trucks, the ones without Shadows?

At the last meeting we were asked to spend $600,000 to replace three heavy duty trucks used for snow plowing and maintenance around the city. One truck was obviously kaput, 20 years old and more often in the shop than out working. 141 more words

Maintenance Capex

Alright, After getting a glimpse of “ Owner Earnings” , We will now understand Maintenance Capex and find a best way to calculate it.

 M… 668 more words

Fundamentals

New Download Link Depreciation calculator

Dear All There appears to be some technical glitch with the dropbox link to download the Depreciation Calculator Ver 1.5 released earlier. You all are hereby requested to download the same from the below mentioned link: … 19 more words

Company Law