Have you been keeping a Wish List of Goodies to buy for your business? A new sewing machine? Maybe a kiln? A dapping block? Mannequins? Expensive tools? Thanks to "Tax Relief Act of 2010" recently passed by Congress, this is my year to BUY!
The BENEFIT is that a business can fully deduct the cost of qualifying equipment bought in 2011 instead of depreciating it over several years.