The American Recovery and Reinvestment Act of 2009, signed into law by President Obama on February 17, 2009, included several provisions related to fixed assets. These include extension of 168(k) bonus depreciation, extension of Section 179 increases, and new investment tax credits. In addition, the...

Just to keep everyone up to date on our annual tax update for FAS Asset Accounting , we are still waiting for the IRS to finalize several tax forms. Typically, we get these by late October or very early November. This year they are delayed--maybe significantly. Our contact at the IRS still can't...