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Metalworking (rec.crafts.metalworking) Discuss various aspects of working with metal, such as machining, welding, metal joining, screwing, casting, hardening/tempering, blacksmithing/forging, spinning and hammer work, sheet metal work. |
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Section 179 Tax Deduction
On 1 Feb 2005 23:31:01 GMT, Dan Murphy wrote:
As always talk to your accountant or tax expert. http://www.taxguide-engineersandarchitects.com/ "If the 2005 Tax and Financial Guide for Engineers & Architects does not save you an extra $300 or more on your taxes, your money will be refunded when the book is returned within 30 days." The 2005 Tax and Financial Guide for Engineers & Architects For the tax year 2004 This should be a large help for some and a planning guide for next year for others. Ever wonder what deductions you may have missed? Example: [ SUV Loophole If you drive a substantial amount for business (say, for commuting at an out-of-town job), an incredible loophole is open to you. For example, based on full-time usage, you can deduct up to 100% of the cost of an SUV (up to $102,000) in just the first year. But you must buy a large SUV or Pick-Up to take advantage of this tax break. ] HTH -- Cliff |
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