Category Archives: Small Business

Coca Cola need not read this

Fletch Forecast

Happy New Year everyone. And for my first post of 2009, I will present my fearless predictions for the economy / government / and various sports teams (so I’m not perceived as a complete and total egghead.) So without further ado, here is the 2009 “Fletch Forecast”: 2009 will be tough for many folks. There is no way… Read More »

The Most Controversial Tax Codes

If there’s one thing we can all agree on, it’s that there’s nothing we can all agree on, and nowhere is this as true as when we talk about taxes. Are tax cuts good? Bad? Should we make it easier for cash-strapped folks to buy houses, or harder for them to spend money they don’t have? The following… Read More »

Toy Arrows and Rum- A Section 179 Blunder.

  I’m afraid we delve into politics again, my friends (I’m sorry,  I just seemed to have heard this statement a lot.) And I have to admit, I’m a little riled up. As you know, I’m a champion of Section 179 and I think it’s the best tax incentive for small business of all time. And I love… Read More »

The Economic Stimulus Act of 2008 and Section 179

There were big changes last week in section 179 of the US Tax code. If you recall, that’s the Hummer tax break that I wrote about here. Essentially, it allows a business to buy equipment and write off the entire amount (up to certain limits.) Well, last week, the Economic Stimulus Act of 2008 went into effect. You… Read More »

What is depreciation?

Now that tax season is starting to heat up, I figured I’d spend a moment talking about depreciation. Because it is sometimes a misunderstood topic (or, not understood at all, like when the car mechanic says you have a warped colander bolt, which is interfering with the smeelie bar & that’s what is making the whooshing noise, to… Read More »