TITLE

Yippee for YEEPs! Deductible Year-End Equipment Purchases

AUTHOR(S)
Battersby, Mark E.
PUB. DATE
September 2008
SOURCE
Metal Center News;Sep2008, Vol. 48 Issue 10, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article offers information on the significance of the fourth quarter of every year to companies in the U.S. The end of the year is a good time to consider acquiring an equipment because most metal distributors will benefit from a full year's worth of write-offs with only a month or two of payments. It is also the time of the year wherein most companies take maximum advantage of tax deductions.
ACCESSION #
34633124

 

Related Articles

  • Tennis pro can't claim court clothes. Block, Julian // Northern New Jersey Business;9/6/95, Vol. 3 Issue 18, p24 

    Focuses on the tax deductibility of work clothes and uniforms only if they are required as a condition of employment and unsuitable for everyday use. Tennis player Cecil Mella's loss in a lawsuit with the Internal Revenue Service (IRS) on the issue of business write-offs for tennis clothes and...

  • National exchange advises slashing inventory by donation & saving tax.  // Hudson Valley Business Journal;04/28/97, Vol. 7 Issue 26, p40 

    Reports on the use of non-moving or slow-selling inventory for tax deduction purposes in the United States. Terms of tax deductions under the Internal Revenue Code.

  • Tax Court Ruling Kills Some Merger Write-Offs. THOMAS, TREVOR // National Underwriter / Life & Health Financial Services;3/29/99, Vol. 103 Issue 13, p3 

    Reports that a federal tax court decision involving a bank merger appears to reject some tax write-offs. Implication of the decision on the surge of insurer mergers and acquisitions; Information on the court's decision on tax deductions sought by Davenport Bank & Trust Co. in its merger with...

  • Don't overlook these deductions.  // Consumer Reports Money Adviser;Mar2012, Vol. 9 Issue 3, p6 

    The article lists often-neglected U.S. tax write-offs that consumers might consider deducting from their tax bill. Specific deductions discussed include child-care and dependent-care credit, residential energy bills, non-cash charitable gifts, Medicare premiums, state and local government taxes,...

  • Prospective NAB Buyers 'Stimulated'. Goldrich, Robert // SHOOT;4/12/2002, Vol. 43 Issue 15, p1 

    Focuses on the issues discussed during the National Association of Broadcasters convention in Las Vegas, Nevada. Impact of unstable economy to the number of conference attendees; Tax deductions to be imposed advance the economic recovery of the broadcasting industry; Write-off charges imposed...

  • Raise more tax deductions for volunteers.  // Tax Strategist;Sep2010, Vol. 5 Issue 9, p5 

    The article examines the write off expenses associated with charitable activities to raise more income tax deductions for volunteers. It states that a taxpayer may be able to deduct the cost of attending a convention on behalf of a charity, such as meals and lodging, if he or she is an official...

  • Approved Basic Deductions for Performers. Sloan, Chuck // Back Stage West;2/9/2006, Vol. 13 Issue 6, p13 

    The article provides information on deductions allowable for performers in the U.S. It cites instances wherein independent contractors can deduct only unreimbursed employee expenses. It offers a background on write-off. It lists the categories and types of expenses that may qualify.

  • Take Your Deductions, But Watch Out for These. Gibbens, Bill // Fordyce Letter;Mar2013, Vol. 44 Issue 3, p7 

    The article offers the author's insights regarding tax deductions and the causes of an audit by the U.S. Internal Revenue Service (IRS). The author mentions that red flag areas for IRS include rental losses, large charitable deductions, and write off for hobby activity. He suggests to consult...

  • CHAPTER 10: Inventory. Fishman, Stephen // Home Business Tax Deductions;Nov2016, p223 

    The article offers information on how business owners in the U.S. can determine which of their purchases constitute inventory, how to value their inventory, and how to calculate their tax deduction for inventory costs. Inventory includes finished goods and also raw materials and supplies....

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics