« March 2006 | Main | May 2006 »

Apr26
Economic substance doctrine
Congress is back at it again, trying to tinker with the tax code. Unfortunately, they are still trying to change the wrong things (i.e., provisions that don’t help the leasing industry). Sure, all of these changes keep the accountants busy, but the only legislation affecting the leasing industry over the past several years has been negative. How about a shot at real economic stimulation?
 
Anyway, after an extra long spring break, probably spent on the beach cavorting with coeds, Congress reconvened this week to face what RIA Thompson terms “the same crowded agenda of tax issues that were left unresolved when it broke for the Easter recess.” What does this crowded agenda encompass?
 
There currently is a tax reconciliation bill being considered. Both the House and Senate versions of the bill retroactively extend a number of provisions that expired at the end of 2005. These provisions include the alternative deduction for state and local sales taxes, the research and experimentation tax credit, the deduction for higher-education expenses, and the work opportunity and welfare-to-work tax credits. The House, but not the Senate, would extend low-tax treatment of capital gains and dividends for two years (from 2008 to 2010).
Continue Reading
Apr24
Know your vendors
How do you protect against something like a CyberNET fraud? The best advice is to know your vendors. Continue Reading
Apr20
MACRS extension
The IRS has found it necessary to extend the required placed-in-service date for certain Gulf Opportunity Zone property. Continue Reading
Apr17
Hybrids and SUVs
Hmmmm – let’s give tax credits for fuel efficiency and yet, at the same time, also provide incentives for gas guzzlers.  Now, where is the logic in that?  Continue Reading
Apr13
Tax credits for leased vehicles
Tax credits are still available on certain hybrid vehicles. Continue Reading
Apr10
Soccer, bribery, and fraud
The fact that the perpetrator did not work for Philip Morris was ascertained very quickly and law enforcement became involved. Much of the money was unrecoverable by this time, however, and the damage done. Continue Reading
Apr 7
UNL pools
I am pretty sure that not everyone reads all the comments that come in to my blog (other than Kit Menkin and myself), so occasionally I will highlight some of them. This week I got one from Doug Dawkins of Tyco... Continue Reading
Apr 5
Wal-Mart rages on
What really baffles me is the marked absence of Target in all these discussions.  They are a ‘big box’ retailer, they have an ILC, and they could open up bank branches in their stores.  Why just Wal-Mart?  Is there more to this than just the regulatory issues? Continue Reading
Apr 4
New leasing applications
To convert or not to convert? Continue Reading

« March 2006 | Main | May 2006 »

Advertisement

Related Resources

recent comments

    sponsored ads



    subscribe


    Prefer Email?
    Subscribe below-

    Enter your Email:


    Powered by FeedBlitz What's this?

    Current News

    Support This Blog

    blogroll


    business social media

    Use these fast growing business social media sites to promote your business, feature your products, spotlight your business leaders, create links, and drive traffic back to your company site, all for free!

    BIZZlogos - Add your logo - free link to your site
    BIZZphotos - Add photos of your products and people
    BIZZprofiles - Submit your profile and build your online visibility
    BIZZspotlight - Spotlight your business with free links
    BIZZvideos - Videos about businesses, products and business people.
    BIZZbites - "Digg" for Business - Submit your articles and posts

    Know More Media - Finance / Banking / Insurance

    know more media network

    View Network Map

    Network Feed List (OPML)

    Know More Media Network
    Feed


    we support unitus

    PRWeb

    Influencer



    LeasingNotes is a member of the Know More Media network of business related blogs.

    Here are some current headlines from some of our business publications:

    ProductivityGoal

    CallCenterScript

    AdHurl

    TheBizofKnowledge

    LandingTheDeal

    CustomersAreAlways

    HealthCareVox

    BrainBasedBusiness

    TheInsurancePolicy

    MarketingBlurb