Tax Law

Recent Posts

Additional First-Year Depreciation for Certain Property
Posted on 25 Mar 2011 by Gerald W. Paulukonis, J.D.

An additional first-year depreciation deduction equal to 50 percent of the adjusted basis of qualified property is allowed for qualifying property that is acquired during calendar years 2008 through 2012. The additional first-year depreciation deduction... Read More

Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 - An Analysis
Posted on 27 Dec 2010 by Gerald W. Paulukonis, J.D.

On Friday, December 17 th , President Obama signed into law the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (Pub Law 111-312). The Act contains numerous tax provisions meant to stimulate the American economy. It is... Read More