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Lost & Found


VideoLost orange & white female fox terrier on 5/1/16 near 775 & 3432. Please contact Lindsay @ 210-284-0094. Thanks.

VideoLost: Pitbull mix, brindle male, answers to Jake, since April 7 on I-37 between 536 and Hardy Rd. No questions, help Jake come home to his family, 361-765-7373.

VideoREWARD!! Trooper a gray & white male cat is missing from County Road 429 Stockdale. He might have been accidently transported off. Missing since 11/13/2015. Call 512-629-2005.
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Help Wanted

*Fair Housing notice. All help wanted advertising in this newspaper is subject to the Fair Housing Act which makes it illegal to advertise "any preference limitation or discrimination based on race, color, religion, sex, handicap, familial status, or national origin, or an intention, to make any such preference limitation or discrimination." This newspaper will not knowingly accept any advertising for help wanted ads, which is in violation of the law. Our readers are hereby informed that all dwellings advertised in this newspaper are available on an equal opportunity basis.
Earn $500 A Day: Insurance agents needed - Leads, No cold calls - Commissions paid daily - Lifetime renewals - Complete training - Health and dental insurance - Life License required. Call 1-888-713-6020.
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Agriculture Today


Deadline nears for Section 179 tax deduction




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December 7, 2011 | 2,872 views | Post a comment

Farmers and ranchers have until Saturday, Dec. 31, 2011, to utilize a $500,000 depreciation allowance under the Section 179 tax deduction, according to a Nov. 23 Texas Farm Bureau Agriculture News -- Texas Ag Daily report.

For 2011, farmers and ranchers can expense new and used farm equipment purchases up to $500,000 if the equipment is purchased and utilized this year. In 2012, the Section 179 tax deduction depreciation limit will decrease to $125,000.

The Section 179 tax deduction also allows further depreciation on new farm equipment. As explained by Beef Magazine, “Say you’ve purchased or financed $650,000 in equipment, either new or used but new to you, this year. Under the Section 179 provision, you can deduct $500,000 in 2011. If any of that equipment was new, you can deduct the additional $150,000 under the bonus depreciation provision. Assuming a 35-percent tax rate, that gives you a $227,500 write-off on your 2011 taxes, and a $422,500 net cost in the equipment.”

For more information about the new and used farm equipment tax savings, visit www.section179.org.
 

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