| Beyond the Economic Stimulus Act of 2008 |
|
The Economic Stimulus Act of 2008, recently introduced by Congress, will not only allow rebates for individual tax payers, but will also create additional incentives for commercial businesses. Previously, bonus depreciation was introduced as a way to help increase cash flow and stimulate the economy during economic downturns.
The bill gives companies a 50 percent bonus deduction on new equipment and increases the limit on expenses that small businesses can deduct from annual income to $250,000, raising it from $125,000.
The result is an increased depreciation deduction which can lower a company's tax liability. The increased cash flow is placed back into the economy through increased investment into the business, and helps create additional jobs.
Can all companies benefit?
|
|
|
| Paradigm Partners Newsletter |
|
Paradigm Partners Moves Headquarters to Expanded Facilities in Houston, TX
Paradigm Partners of Houston, TX, a professional tax services firm aiming to deliver government sponsored incentives to small and mid-sized companies, today announced completion of its move to a new headquarters facility in Houston, TX.
The new facility was chosen to accommodate Paradigm's rapid growth and marks the completion of the management team's efforts to meet the office needs of new personnel and expanding the Marketing Department. The facility will also allow Paradigm to bring on additional engineers and attorneys into one location to handle our quickly expanding client base.
"Our new headquarters will allow us to scale our operations to better support the rapid growth we experienced last year and expect to see over the foreseeable future," said Karim Solanji, J.D., a Director of the company. "Not only will it accommodate the ongoing expansion of key company functions, it also gives us the ability to grow our Marketing Department that was not possible at our previous facilities."
The new offices are located at 14825 St. Mary's Lane, Suite 102, Houston TX 77079. The company's new telephone number is (281) 558-7100 and the new FAX is (281) 558-7900. |
|
Greetings
Dear :
The purpose of our newsletter is to keep you informed and up-to-date on the latest regarding R&D Tax Credits, Cost Segregation and other tax related issues.
If you find the Newsletter helpful, you may want to forward it to a friend. Just click below.
|
|
9 Tips for Keeping in Touch with Your Tax Clients Year-round
Tax season is over, you've delivered the tax returns, put the files away, sent your invoices, caught your breath, and have told all your tax clients you'll see them next spring, right?
|
|
WW Wood, Inc. - Audio Testimonial
Listen and learn how the Leading Producer of Cooking Wood in the United States was able to reap the benefits of the R&D Tax Credit.
Click Here to Listen |
|
|
I hope you have benefited from our Newsletter. Do not hesitate to contact me if you have any questions about what you heard or read in this Newsletter.
Sincerely,
Mark Lauber
Paradigm Partners
281-558-1700 X-105
www.ParadigmLP.com |
|
|
