2003 Tax Act: benefits for business owners

Article Abstract:

New tax rules, three provisions in particular, will mean benefit for business owners in the US. Section 179 deduction limits have been raised by $75,000, the first year bonus write-off for capital expenditures has been increased from 30 to 50%, and long-term capital gains tax rates have been reduced by 5%.

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Military leave: reemployment rights & obligations

Article Abstract:

The Uniformed Services Employment and Reemployment Rights Act (USERRA) is examined. Terms of military leave, health insurance, pension plans and other benefits, and replacement and reemployment rights are discussed.

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Terms that private-company owners should know

Article Abstract:

The different terminologies pertaining to private companies and which owners of such companies need to be aware of, are presented.

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