With all the buzz about giant banks, the big three, and wall street getting bailout money, a lot of small businesses are wondering "Where's MY bailout?"  The good news is, it's there.  In the "Troubled Asset Relief Program" (TARP) otherwise know as the bailout bill, there is important language for all building owners.  Eligible property developments and leasehold improvements can be depreciated over 15 years rather than the usual 39! This change can more than double your deduction for depreciation - keeping more of those precious dollars in your pocket.  How's that for spreading it around a little!!  Here's the catch - you have to get the work done before 2010.  This isn't tax advice, so check with your CPA or Tax Advisor, but if you've been sitting on the fence about investing in a remodel or new building project, this may just be the reason you've been looking for to move ahead.  Contact Clay Posey at MRP for more details or to discuss the possibilities.

 

There's been some media controversy over some McDonald's billboards in Seattle promoting their new espresso and coffee items.  Some have been placed within eyeshot of Starbucks, saying "Four Bucks is Dumb" and "Large is the New Grande."  So what does Starbucks have to say about it?  I guess McDonalds hadn't had enough of the Presidential Campaigns...   see article