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 »
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. Taxes: it’s a topic that often sparks debates and divides opinions, from the kitchen table to the halls of Congress. They’re a part of our everyday lives, yet… Read More »
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 »
Hello, finance enthusiasts! Last week brought about significant changes to Section 179 of the US Tax Code, often referred to as the “Hummer tax break” in our previous discussions. Just to jog your memory, this provision allows businesses to purchase equipment and write off the entire cost, albeit with certain limits in place. Well, the Economic Stimulus Act… Read More »
As tax season starts to ramp up, it’s an opportune time to delve into the topic of depreciation. It’s a term that’s often misunderstood, or not understood at all, somewhat like when your auto mechanic launches into a technical explanation of why your car is making that strange noise, and you find yourself nodding in feigned understanding while… Read More »