Here is some more information on Mr. Obama’s proposed 2012 budget…specifically some business proposals. Here is an excerpt from the Journal of Accountancy: Business Tax Proposals Tax increases: Repeal of several deductions and credits used by oil, coal, and gas companies, including expensing of intangible drilling costs; Income tax benefit losses described above in “Individual [...]
Archive for March, 2011
2012 Obama Budget – Business Proposals
Posted in Accounting, Accounting Services, Accounts Payable, Accounts Receivable, Big Business, Business Entity, Business Management, Business Receipts, Business Solutions, C Corporation, CA, Collections, Corona, Corporate Entity, Finances, Financial Statements, Foreclosures, GAAP, Inland Empire, Medium Sized Business, Money, Partnership, Payroll, Payroll Tax, Professional Accountant, Quickbooks, Real Estate, Reconciliations, Riverside, S Corporation, Small Business, Software Solutions, Sole Proprietorship, Southern California, Uncategorized on March 2, 2011 | 1 Comment »
