New Law Provides Two Important Business Tax Breaks

 

By now, you've probably heard about the new federal law that will be providing tax rebates to qualified individuals, beginning in May. But the Economic Stimulus Act also includes valuable new tax breaks for businesses on qualifying equipment and vehicles that they purchase. Our lead article in this Thursday's edition of our eNewsletter will detail which businesses are eligible, how much they can claim, and what type of assets qualify. Click here to subscribe to our free eNewsletter!

ASA Membership Event

One of the many construction trade groups our firms supports, the American Subcontractos Association of Western Pennsylvania, is having a membership event on Tuesday, March 4. It's at 5:30 p.m. at the Rivers Club downtown. If you're a subcontractor interested in learning more about the ASA, download the flyer here and consider attending!

Supreme Court Limits Trust Fee Tax Deductions

 
In a significant decision, the Supreme Court recently limited the tax deductions that can be claimed by trusts and estates. The ruling, which went against the family that created Pepperidge Farm, affects the amount that trusts and estates can write off for the investment advice they receive. Want more details? This will be our lead-off story in our eNewsletter to be sent this Thursday. You can sign up for our eNewsletter here.