Category Archives: Leasing tips

Equipment Leasing Reduces Business Risks

  Equipment Leasing Reduces Business Risks Like most financial consultants, American Financial Partners works hard to keep our finger on the pulse of what is happening in the financial world.  We frequently scour publications for articles that provide new insights and wisdom.  And as every financial consultant MUST, we thrive...
Read more

2011 Section 179 and bonus depreciation guidelines

  Section 179 Guidelines For the 2010 and 2011 tax years, a business can write off up to $500,000 of qualified equipment placed in service within the tax year.  The deduction phases out when a business purchases more than $2 million in one year.  (Companies can not write off more...
Read more

Leasing is still the "Bee’s Knees"

  There has been some negative talk about the upcoming FASB accounting changes having to do with operating leases.  I think this is a perfect example of a time to use the quote, “Change is inevitable, Progress is Optional.”  These changes are going to be good for the economy and...
Read more

"Bye, Bye Love; Bye, Bye Operating Lease"

  The FASB (Financial Accounting Standards Board) and IASB (International Accounting Standards Board) proposed significant accounting changes in August regarding the way entities account for leases.  These changes will “expose” leases including all of the standard costs associated with them.  The goal is to ensure assets and liabilities arising from...
Read more

Tax Cuts Expiring in 2011

  The IRC Section 179 deduction was increased back in 2008 allowing small businesses to immediately expense the full purchase price of qualifying equipment.  The reason for the increase was to give small business owners tax breaks allowing them to afford to add equipment to their businesses and helping us...
Read more