PORTLAND, ME, March 16, 2011 (Press-News.org) New tax laws offer the ability for commercial vessel owners and equipment operators to claim 100% depreciation for property placed in service between September 8, 2010 and December 31, 2011 ("Bonus Depreciation"). The "Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010" will be the timely topic for a free WorkBoat.com Webinar on Wednesday, March 30, from 1 p.m. - 1:45 p.m. EST, Noon - 12:45 p.m. CST.
To register for this free webinar, visit www.WorkBoat.com.
Leon H. Rittenberg III, attorney, Baldwin Haspel Burke & Mayer, and Mark S. Myrtue, Treasurer, Hornbeck Offshore Services, will be the presenters for the webinar, which will address:
1. The ability to claim Bonus Depreciation for vessels and related equipment for 2010 and 2011;
2. The advantages and disadvantages of claiming Bonus Depreciation; and,
3. Certain alternatives to Bonus Depreciation.
The presenters note that this program is designed to provide general information and they are not rendering legal, accounting or other professional services. They stress that no portion of this presentation or any materials made available may be used or relied upon for any purpose including, but not limited to, for the purposes of acquiring assets, taking a position on a tax return or avoiding penalties under the Internal Revenue Code. Before taking any position on a tax return, they recommend participants consult with their own professional advisors and independently the tax and other consequences of any particular transaction or suggestion.
The webinar is presented as a part of the WorkBoat Professional Series and is designed to keep the commercial marine business community on top of what's going on in the industry today and what's in store for the future.
For further information:
Lisa Keller
Diversified Business Communications
LKeller@DivCom.com
Phone: (207) 842-5624
WorkBoat.com
WorkBoat.com is the largest commercial marine member-supported website, with over 21,000 members. Everyone who registers for the webinar receives a free membership in WorkBoat.com.
For further information, visit http://www.workboat.com.
"Bonus Depreciation: Did the Commercial Marine Industry Really Get Such a Gift in 2011?" is the Topic of Free WorkBoat.com Webinar on March 30; Registrants Receive Free WorkBoat.com Membership
Registration is now open for a free WorkBoat.com webinar on March 30 focusing on new tax laws offering the ability for commercial vessel owners and equipment operators to claim 100% depreciation for property placed in service by the end of 2011.
2011-03-16
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[Press-News.org] "Bonus Depreciation: Did the Commercial Marine Industry Really Get Such a Gift in 2011?" is the Topic of Free WorkBoat.com Webinar on March 30; Registrants Receive Free WorkBoat.com MembershipRegistration is now open for a free WorkBoat.com webinar on March 30 focusing on new tax laws offering the ability for commercial vessel owners and equipment operators to claim 100% depreciation for property placed in service by the end of 2011.