Overview of the job creation and worker assistance act of 2002
This presentation is the property of its rightful owner.
Sponsored Links
1 / 6

Overview of the Job Creation and Worker Assistance Act of 2002 PowerPoint PPT Presentation


  • 67 Views
  • Uploaded on
  • Presentation posted in: General

Overview of the Job Creation and Worker Assistance Act of 2002. Timothy D. Bachicha, CPA Extension Farm Management Specialist Colorado State University Cooperative Extension Telephone (719)852-2871 email: [email protected] March 9, 2002. March 1, 2002 New Provisions

Download Presentation

Overview of the Job Creation and Worker Assistance Act of 2002

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Overview of the job creation and worker assistance act of 2002

Overview of the Job Creation and Worker Assistance Act of 2002

  • Timothy D. Bachicha, CPA

  • Extension Farm Management Specialist

  • Colorado State University Cooperative Extension

  • Telephone (719)852-2871 email: [email protected]


March 9 2002

March 9, 2002

  • March 1, 2002

  • New Provisions

  • Also technical corrections to EGTRRA


30 bonus depreciation

30% Bonus Depreciation

  • Qualifying Property

  • 20 year life or less

  • Leasehold Improvemts

  • Placed in service before Jan 1, 2005

  • Exceptions


Nol carryback

NOL Carryback

  • Loss Year 2001 or 2002

  • Carryback 5 years

  • Elect to forego 5 year, use 2 year


Amend

AMEND?

  • 30% Bonus Depreciation

  • NOL carryback

  • CONSULT YOUR TAX PROFESSIONAL


Other

OTHER

  • AMT Relief

  • Educators


  • Login