by mariettacp | Nov 24, 2010 | Money Tips, Tax Planning, Tax Preparation
As the year is winding down, it is time to start doing a bit of tax planning . Small business owners who spend a little time on tax planning now, may see significant savings when tax preparation time rolls around in January. In this podcast interview with Roundpeg...
by mariettacp | Nov 8, 2010 | Money Tips, Tax Planning, Tax Preparation, Tax Tips
The Small Business Jobs Act of 2010 made beneficial changes to the application of general business credits toward tax and AMT liability offsets. (P.L. 111-240) General business credits of eligible small businesses for 2010 get five-year carryback. Generally, a...
by mariettacp | Nov 3, 2010 | Money Tips, Tax Preparation
Thinking about starting a new business? Changes in the tax law allow you to write off more of the start up expenses. Boosted deduction for start-up expenditures. The Small Business Jobs Act allows taxpayers to deduct up to $10,000 in trade or business start-up...
by mariettacp | Nov 1, 2010 | Money Tips, Tax Planning
The “Small Business Jobs Act of 2010” includes a number of important tax provisions for business. If you are planning on making capital expenditures, be sure to talk to your accountant about the following: Extension of 50% bonus first-year depreciation. Before the...
