Mayday's Account Talk

Here is another very important matter that bears consideration.

The tax deduction which allows a small business to deduct up-front rather than depreciate $500,000 worth of equipment purchases, is expected to shrink to $125,000 next year then fall further in 2013 to $25,000.

This information gives me the impression that a intelligent well informed entrepreneur would buy his equipment this year instead of waiting to get screwed.

Opinions?

If they did not know, their accountants should have told them. You can be they did.
 
Have you been quiet or is it just me? Good to have you around!

It's not just you I've been quiet lurking in the shadows. My strategy for this year will be more cautious especially during the summer months.

Good to hear from you Jason.
 
HOLIDAY CLOSING

Some financial markets will be closed on Monday, February 20th in observance of the Presidents' Day holiday. The Thrift Savings Plan will also be closed. Transactions that would have been processed Monday night (February 20th) will be processed Tuesday night (February 21st), at Tuesday's closing share prices
 
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