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Lost & Found

FOUND: on Wed. June 29th an iPhone on the corner of 2nd & 3rd Sts. in front of the hardware store next to a maroon suburban turned into the theater
Lost purse @ Maverick's Friday night June 24. Please return. No questions asked. Reward. 830-391-4013
*Includes FREE photo online! mywcn.com/lostandfound
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Help Wanted

CCSCT is seeking a WIC Eligibility Clerk to provide assistance to WIC clients at its Floresville Clinic. Responsibilities include scheduling appointments, assisting customers with questions or concerns, issuing EBT cards and explaining benefits to WIC participants. Applicants must have a HS diploma and a minimum of 1-3 years of experience of related work experience. Starting pay is $10.65 an hour. Applications are available at 1104 D. Street in Floresville or on the agency website at www.ccsct.org. Completed applications can be faxed to 830-372-5354 or mailed to kpastrano@ccsct.org for consideration.
PART TIME ranch worker needed, work 2 or 3 days per week or work half days, general yard and ranch work, all outdoors, must have own transportation and able operate tools/equipment. 210-394-1952.
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Agriculture Today


Deadline nears for Section 179 tax deduction




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December 7, 2011 | 2,898 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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