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Don't Forget

Energy Tax Incentives

Tax credits, up to 30%, may ease the pain of certain home or business improvements and replacements.

 

Big Tax News

American Recover and Reinvestment Act of 2009

A $250,000 write-off!
 Section 179 Federal Income Tax Deduction: This deduction has been increased as part of the American Recovery and Reinvestment Act of 2009 and it allows a company to deduct the first $250,000 of equipment (Section 179 Property) purchased in 2009 from their taxable income.

50% Bonus Depreciation (expires December 2009)
The American Recovery and Reinvestment Act of 2009 also allows for a special 50% bonus depreciation for equipment placed in service for use in your trade or business for the production of income before January 1, 2010. This deduction allows an additional 50% first-year depreciation on the adjusted basis of qualified new equipment.

 

Preparation For Success

What resources do you need?

Many times successful business owners advise others that in order to be successful you will need professional support in certain areas.  No matter who gave such advice, a good CPA is almost always listed.  The reasons why obviously involve bringing expertise into the day-to-day operation and management of a business as a resource, not only when absolutely necessary for the annual preparation of tax returns; which will seldom, if ever, help determine the success of a business.  If you are a business owner, in selecting and using a CPA, you should fully ask yourself what it is you want, need or expect.

 

Accountmate Business Partner Serving Greater Dallas Area

Accountmate Business Partner & Consulting Services

Accountmate solutions are flexible, scalable and reliable.  Accountmate is a robust suite of accounting and business software solutions best suited for mid-sized companies.  Accountmate has many features only found in a much more expensive solution.  Accountmate is open code, or customizable.  In addition, there are many third-party developers who have built custom applications specifically for certain industries or types of companies. 

 

As an Accountmate Business Partner I can analyze whether Accountmate is a good fit for your needs, and if it is I can guide the planning, installation and use of the solution.  This includes integration of the system into existing software applications, implementing other third-party modules to meet specific needs and assisting with processes, policies and procedures; whether that entails managing specific changes or re-engineering of critical processes.

 

As a seasoned financial executive and manager, I can go that extra mile in regards to procedures, controls, efficient management practices, personnel and many other areas not necessarily covered by consultings with technical software expertise.