On September 24, 2012, InfoSystems hosted a webinar presentation by our friends at Decosimo Certified Public Accountants. Kim Lawrence, Tax Principal at Decosimo's Chattanooga office, gave some excellent information on several hot topics, including tax deductions and healthcare reform. Below is a 20+ minute segment that specifically relates to bonus depreciation and tax deductions for technology purchases made in 2012. These tax advantages are scheduled to end this year, making 2012 the best time to invest in technology. Contact InfoSystems for more information about this topic.*
Learn how to expense deductions and options, creating tax savings and cash flow that will help fund technology investments this year. This Keynote presentation will cover bonus depreciation enhancements made to IRS tax code Section 179 for 2012. Section 179 can change without notice and bonus depreciation is scheduled to end this year. Make sure you are doing all you can to leverage the Section 179 deduction in 2012.
Kim Lawrence is the Tax Principal in Charge for the Decosimo's Chattanooga office. She has 23 years' experience in tax practice and is actively involved in the firm's tax compliance practice, which includes review of partnership, corporate, state, consolidated and individual tax returns, tax planning and tax consultation. Areas of emphasis include state taxation, financial institutions, real estate development and closely held businesses.
Kim is licensed to practice in Tennessee and Rhode Island, and holds a Bachelor of Science degree with a major in Accounting from Rhode Island College.
*InfoSystems employees are not tax experts. Content for this presentation is provided by Decosimo Certified Public Accountants. Questions about circumstances or tax advantages unique to your business should be addressed to a certified tax professional.