Why 2011 may be a great year to invest in your business
Abstract: A company considering investing in assets, research or people may find that 2011 is the year to do so. Why? Because the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 provides some enhanced tax breaks that may not be available (or that may be more limited) next year. This article discusses the status of bonus depreciation, the research credit, and the Work Opportunity credit. A sidebar shows how much bonus depreciation is available when.