Monthly Archives: October 2011

Fixed Asset Management – Capitalizing Expenditures

Should my business expense or capitalize?  As with many regulations in taxation the answer is, “it depends.”  In March of 2008, the IRS proposed regulations that provide a de minimis rule that permits “small cost” items to be exempt from … Continue reading

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American Jobs Act of 2011

President Obama has challenged Congress to immediately pass the American Jobs Act of 2011.  This act is a $447 billion jobs package, which includes payroll tax cuts and tax credits to encourage hiring, along with extended 100 percent bonus depreciation, … Continue reading

Posted in Accounting, Akron Accounting Firm, Akron Certified Public Accountants, Corporate Taxation, Uncategorized | Tagged , | Leave a comment