Category Archives: Government

A Tax Deduction To Give Thanks For – The Sec. 179 Rule

It happens every year around this time – the season for end-of-year tax deductions. The Section 179 tax rule gives businesses an opportunity to write off as much as $500,000 in new and used equipment costs. Equipment or software purchased and put into service by December 31st is deducted from your business’s gross income –

The Law of Unintended Consequences: Gun Storage

The Supreme Court recently upheld a federal law requiring the confiscation of guns in cases of domestic violence. This ruling created a perplexing question for police departments across the country: Where to store all the confiscated guns? In some states – California, Massachusetts, and Connecticut, for example – guns are confiscated at the time of

When Gun Storage Fails

No one would dispute the need to store guns safely and account for them properly. Whether the lawful gun owners are private citizens, law enforcement agencies, or the military, their unsecured weapons can fall into the wrong hands and threaten public safety and innocent lives. A case in point – the recent theft of guns

Thank You, IRS! The Equipment Purchase Deduction

As the end of the year approaches, the IRS has a little holiday gift for businesses looking for last-minute ways to boost their tax deductions. It’s the Section 179 tax rule, which permits the deduction of the full purchase price of business equipment, up to $25,000. As explained by the tax watchers at Section179.org, this

Where’s All the Art at the Louvre?

All art lovers know Paris’ Louvre Museum, but may not realize that there are more than 250,000 works of art that are not on display in the iconic palace-and-pyramid. These priceless works have been stored at a variety of facilities around Paris, creating an organizational nightmare for the curators who are charged with maintaining the

12 Tips To Becoming a Better Buyer

When you are making a major business purchase, you might feel like a tourist at a foreign bazaar – too many offers of something you’re not sure you want. What’s a buyer to do? According to these 12 tips from Renewable Energy Vermont, information is the key to being a better buyer. Have a clearly

Police Cameras: Unintended Consequences of New Technology

As more and more police departments begin using body cameras, no one would dispute that the tiny video devices are making a positive difference in the behavior of police officers and suspects alike. What very few advocates considered was the management of mountains of video footage. Lindsey Miller, senior research associate at the Police Executive

Storage Detective Seeks Spare Parts for Old Space Shuttles

The space shuttle program came to an end in 2011, but science historians around the country are creating displays of retired shuttles with the help of storage detectives like Dennis Jenkins. A 30-year-plus NASA employee who spent his entire career sending shuttles into space, Jenkins was recruited by the California Science Center to oversee the

Your Gift from the IRS: The Equipment Purchase Deduction

As the song says, “It’s that time of year,” time to take advantage of Section 179, the tax rule that allows you to deduct the full purchase price of business equipment, up to $25,000. New equipment put into service before December 31st can be deducted from your business’s gross income under Section 179. It’s that

The Museum Collection Without A Museum: The Center of Military History

In an obscure corner of Virginia’s Ft. Belvoir is a secure climate-controlled warehouse filled with the U.S. Army’s accumulated treasure of museum-quality military artifacts. Aisle after aisle of mobile high-density storage cabinets are filled with historic weaponry. Rows of air-tight cabinets contain thousands of uniforms and insignia, antique and modern. Rack after rack of rolling