We here at Caufield & Flood feel that an informed client is our best customer. We know that it may be difficult to keep track of the growing volume of complex, new developments that can be overwhelming even to a knowledgeable client.  For your convenience, we have included some recent developments for you to view.       Monthly Newsletter

Energy-Efficient Tax Credits If escalating energy costs have you looking for ways to reduce your gas and electric bills, here are some tips on how you can cut costs and reap tax-saving energy credits as well.   Maximizing Business Transportation Expense Deductions The costs of commuting from a personal residence to places of business or employment generally are nondeductible personal expenditures. The deduction for commuting costs is disallowed regardless of the distance involved.   Which Is Best for Your Business: Section 179 or 100% Bonus Depreciation? Taxpayers who acquire assets for use in their trade or business activity have a very good chance of writing off the entire cost, thanks to 100% bonus depreciation plus very generous Section 179 deduction limits.