Business Tax Planning,Tax
A business with net income from "qualified production activities" is entitled to a tax deduction of 9% in 2010. This is a tax break designed to benefit companies that produce and pay wages domestically.
Healthcare,Tax
With the tough economical times and higher levels of unemployment, many are finding that for the first time they may be in a position to take advantage of medical expense deduction.
Business Tax Planning,Construction,Tax
In the first installment of my Going Green series I am highlighting the energy-efficient commercial business deduction (Section 179D). This new deduction allows businesses to deduct up to $1.80 per square foot of space in new or existing buildings where they install interior lighting, HVAC systems, or building envelope property that reduces power use to 50 percent compared to a reference building.