|
42% of Texas biz leaders say
reform will make them less likely to offer health care coverage
Forty-two percent of Texas
business leaders recently polled say recent health care reform will
make their companies less likely to offer health care coverage to
their employees. http://www.bizjournals.com/houston/stories/2010/04/12/daily62.html
Poll: business leaders
optimistic about Texas economy, not U.S.
A new opinion poll found Texas
business leaders believe the state's economy is moving in the right
direction, the national economy is on the wrong track and government
regulations and rising health care costs are the top two issues
facing the business community. http://www.bizjournals.com/austin/stories/2010/04/12/daily46.html
US manufacturing growth revs
up, construction down
The U.S. manufacturing sector
expanded in March at its strongest pace in 5 1/2 years, leading the
rebound from the recession on growth in exports and inventory
rebuilding. Another drop in construction spending in February,
however, underscored weakness in real estate. http://lubbockonline.com/stories/040110/bus_599127482.shtml
Texas factory activity expands again
Activity at Texas factories has
expanded for the fifth straight month in a row, according to a new
report from the Federal Reserve Bank of Dallas. http://feeds.bizjournals.com/~r/bizj_southwest/~3/sbMmzCG7-Ds/daily2.html
Texas
factory activity at two-year high
Activity at Texas
factories has expanded for the fifth straight month, according to a
report from the Federal Reserve Bank of Dallas. http://feeds.bizjournals.com/~r/industry_8/~3/sbMmzCG7-Ds/daily2.html
Texas
Manufacturing Outlook Survey
The production
index, a key indicator of state manufacturing conditions, rose to its
highest level in two years. http://dallasfed.org/data/outlook/2010/1003/tmos1003.cfm
NEW 2010 Tax
Incentives for Manufacturing Companies
A $250,000 write-off!
- Section 179 Federal Income Tax Deduction: This deduction allows a
company to deduct the first $250,000 of equipment (Section 179
Property) purchased in 2010 from their taxable income. For companies
purchasing (or leasing - with a $1.00 buyout lease) up to $800,000 of
equipment in 2010, this deduction is available in full. It then
phases out on a dollar-for-dollar basis between $800,000 and
$1,050,000 and it is not available for companies purchasing over
$1,050,000 of equipment in 2010. However, companies can finance
purchases over $800,000 with an operating lease and may still be able
to claim this deduction.
Standard Depreciation
- Additionally, companies can take their standard depreciation
deductions on the adjusted basis of qualified equipment. Machine
tools and fabricating equipment are typically depreciated over 7 years.
South Texas
Machine Tool & Fabrication Show
June 23 & 24,
2010 - Pasadena Convention Center
A two day showcase
of industrial products and services that supply this rapidly
expanding industrial region. Over one hundred companies are expected
to participate in this diversified industrial show. Get
more information? |
