On 1/15/2010 12:38 PM, Chris Friesen wrote:
Interesting. Up here in Canada capital costs (like buying equipment
over a certain dollar amount) have to be depreciated over a longer
period rather than written off directly.
As a financial stimulus there is currently an exception for computer
equipment though, but that's a temporary thing.
http://www.section179.org/section_179_deduction.html
Qualifying items:
http://www.section179.org/property_t...ction_179.html
I expect the Democrat controlled congress may water this down, if they
stay in office.
Not a political slur/statemtn ... just a political fact of life due to
the need for more government revenue wherever you can get it.
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Last update: 10/22/08
KarlC@ (the obvious)