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Dry Eye Syndrome occurs when the normal flow of tears over the eyes is interrupted, or the tear film is abnormal and there are insufficient tears to lubricate the eye. Dry eye syndrome is a chronic condition and can get worse with age. You can relieve the symptoms, but not cure the original cause. Artificial…
October 2012
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Do You Know About the Accelerated Tax Deductions Eliminated in 2013?
In addition to the 2.3{0730eed075b45d9e50c00d6cd42dd08773e0164f29a45151808bf89051290974} Obamacare excise tax that starts 1/12013, two of the accelerated tax deductions will disappear. The Section 179 Allowance is reduced from $139,000 to just $25,000 ($0 for equipment >$225,000). The 50{0730eed075b45d9e50c00d6cd42dd08773e0164f29a45151808bf89051290974} Bonus depreciation is completely eliminated. If you wait until 2013, you will defer until later years 65{0730eed075b45d9e50c00d6cd42dd08773e0164f29a45151808bf89051290974} of the…
Save Money with Section 179 – Deadline December 31st
Most people think the Section 179 deduction is some mysterious or complicated tax code. Essentially, Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. That means that if you buy (or lease) a piece of qualifying equipment,…
