eLease Equipment Leasing

Year end tax advantages are yours for the taking!
Did you know that there are ways which might help you to create your own Tax Break in 2010?Â
Code Sec. 179 Expensing
A qualifying taxpayer can choose to treat certain property as an expense and deduct it in the year the property is put into service instead of depreciating it over several years.  The Small Business Jobs Act of 2010 (the Act) increases the maximum deduction an eligible taxpayer may elect to claim to $500,000.  The qualifying property cap has also been raised to $2 million and will phase out, dollar-for-dollar, until the qualifying property cost exceeds $2.5 million.

Bonus Depreciation

The Act also extends, through December 31, 2010, the 50% first year bonus depreciation deduction for qualifying property purchased and placed into service in 2010.  The bonus depreciation deduction can be used in addition to the Section 179 deduction.
You should consult with your own tax advisor about the initiatives and how they can help your business.
Now, more than ever, the financing of your business should be on the top of your mind and equipment financing could be a terrific tool for your business.Â
eLease specializes in providing equipment finance solutions to business professionals for everything they require …including computer hardware and software, manufacturing, telecommunications, office and medical equipment to name a few.
I would welcome the opportunity to discuss how eLease can help you with your financing needs.

With the information overload of the bailout I thought this was very interesting.  I saw this on the National Association of Equipment Lease Brokers site www.naelb.com and I thought it was very relevent to small business owners to give the government perspective. 

How many zeros in a billion?
This is too true to be funny. The next time you hear a politician use the
word ‘billion’ in a casual manner, think about
whether you want the ‘politicians’ spending
YOUR tax money. A billion is a difficult number to comprehend,
but one advertising agency did a good job of
putting that figure into some perspective in
one of it’s releases.
A.

A billion seconds ago it was 1959.B.
A billion minutes ago Jesus was alive .C.

A billion hours ago our ancestors were
living in the Stone Age.D.
A billion days ago no-one walked on the earth on two feet.E.
A billion dollars ago was only
8 hours and 20 minutes,
at the rate our government

is spending it.

While this thought is still fresh in our brain…
let’s take a look at New Orleans …
It’s amazing what you can learn with some simple division.
Louisiana Senator,
Mary Landrieu (D)
is presently asking Congress for
250 BILLION DOLLARS
to rebuild New Orleans . Interesting number…
what does it mean?A.

Well… if you are one of the 484,674 residents of New Orleans
(every man, woman, and child)
you each get $516,528. B.
Or… if you have one of the 188,251 homes in New Orleans, your home gets $1,329,787.C.

Or… if you are a family of four…
your family gets $2,066,012.Washington , D. C

< HELLO! >
Are all your calculators broken?? Accounts Receivable Tax
Building Permit Tax
CDL License Tax
Cigarette Tax

Corporate Income Tax
Dog License Tax
Federal Income Tax < BR>Federal Unemployment Tax (FUTA)
Fishing License Tax
Food License Tax
Fuel Permit Tax
Gasoline Tax
Hunting License Tax
Inh erit ance Tax
Inventory Tax
IRS Interest Charges (tax on top of tax)
IRS Penalties (tax on top of tax)
Liquor Tax
Luxury Tax
Marriage License Tax
Medicare Tax
Property Tax
Real Estate Tax
Service charge taxes
Social Security Tax
Road Usage Tax (Truckers)
Sales Taxes
Recreational Vehicle Tax
School Tax
State Income Tax
State Unemployment Tax (SUTA)
Telephone Federal Excise Tax
Telephone Federal Universal Service Fee Tax
Telephone Federal, State and Local Surcharge Tax
Telephone Minimum Usage Surcharge Tax
Telephone Recurring and Non-recurring Charges Tax
Telephone State and Local Tax
Telephone Usage Charge Tax
Utility Tax
Vehicle License Registration Tax
Vehicle Sales Tax
Watercraft Registration Tax
Well Permit Tax
Workers Compensation Tax STILL THINK THIS IS FUNNY? Not one of these taxes existed 100 years ago..
and our nation was the most prosperous in the world.

We had absolutely no national debt…
We had the largest middle class in the world…
and Mom stayed home to raise the kids. What happened?

Can you spell ‘politicians!’ And I still have to
press ‘1′
for English.