Tax Relief Unemployment Insurance Reauthorization and Job Creation Act of 2010

This new act, signed into law on December 17, 2010, allows 100% bonus depreciation on certain investments made during 2011 in addition to other tax credits aimed to create jobs. The act also included a 2% payroll tax cut, extension of unemployment benefits, a child tax credit, an earned income tax credit, a tax credit to assist with college tuition and renewable energy grants.

Small Business Jobs and Credit Act of 2010

The Small Business Jobs and Credit Act of 2010 was signed into law on September 27, 2010 and provides for additional first-year depreciation of 50% for qualified property and increased expensing limitations for 2010 and 2011. The law also increased Code Section 179 for qualifying property placed in service during the taxable years 2010 and 2011. The bill was created to encourage investment and to provide access to capital for businesses.

To learn how to Fast Track an Asset4000 implementation, please complete the form below:

First & Last Name:*

Company Name:*

Title:*

Email:*

Phone:*

Country:*