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VOICES FROM THE INDUSTRY: New tax law provides significant deductions for industry Contractors, architects, engineers stand to benefit For example Replacement legislation Another example
March 28, 2005
A new tax break known as the "Production Deduction" was signed into law by President Bush late last year and is effective
for years beginning after Dec. 31, 2004. Construction contractors and engineers and architects involved in construction projects
can benefit from this important new tax deduction. Upon announcement, the legislation raised many issues, and the IRS recently
issued guidance to clarify them. For 2005 and 2006, the deduction is equal to the lesser of 3 percent of the taxpayer's...
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.