President Barack Obama will call for increasing bonus depreciation for purchased business equipment from 50% to 100% and extending the tax break through 2011, a White House official said. Obama plans to propose that the bonus be made retroactive to Sept. 8, 2010, the official said. The measure applies to capital investment including office, factory and transportation equipment. Read more»

Laura Monroe’s article HIRE Act: Incentives to Hire and Retain the Unemployed appeared in the August newsletter of the Pelican Chapter of Associated Builders and Contractors

The following employees will be serving on committees of the Baton Rouge Chapter of the Louisiana Society of Certified Public Accountants for the 2010-2011 year: Read more»

Unlike most other tax returns, Form 990 filings by nonprofit organizations are clearly in the public eye because of disclosure requirements. The form, revised two years ago, provides signposts not only to what the Internal Revenue Service expects, but also to best practices for tax-exempt organizations. Read more»