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Business Changes (End of the Year Tax Planning 2012)
brokersalliance.com Changes for businesses 50% accelerate depreciation on $500000 goes away Section 179 depreciation drops to $25000 Must be purchased and placed in service by year end This is how you justify your purchases of your coveted equipment before to your spouse! This can include phones and computers used exclusively for business use Hire our American Heroes! Hiring qualifying veterans before year end may provide a tax credit as high as $9600 per person hired. This comes from legislation passed last year called Vow to Hire Heroes Act of 2011! Consider making higher retirement plan contributions Steve Savant is a national insurance columnist, financial color commentator and host of the daily Internet talk show, The Business Insurance Zone. Steve #39;s special guest, Ken Davis, CLU, ChFC, CFP, CPA. Ken Davis is the former president of the Phoenix Chapter of the Society of CPAs and has taught continuing education for the Arizona Society of CPAs on life insurance and annuities.From:BrokersAllianceViews:1 0ratingsTime:15:31More inEducation

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Business Changes (End of the Year Tax Planning 2012) - Video