Tax Relief Act of 2010

by | Oct 9, 2011 | Blog, Taxes

After much dissention and debate, Congress finally agreed to approve a temporary Bush Tax cut extension (through 2012 unless otherwise stated) for ‘everyone’ and extend unemployment benefits. On December 17, 2010 President Obama signed into law the final...

Economic Stimulus Act of 2008

by | Oct 4, 2011 | Blog, News

February 13, 2008 Special Depreciation Allowance for Certain Property. A 50-percent additional first year depreciation deduction may be allowed for certain new property acquired by the taxpayer after December 31, 2007, and before January 1, 2009. The Act also...

Small Business Job Act of 2010

by | Oct 3, 2011 | Blog, News

On September 27, 2010 President Obama signed into law the Small Business Job Act of 2010. Over 90% of the new jobs created each year in the U. S. come from small businesses. The legislative acts included in the bill go into effect immediately and include tax cuts and...