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Lost & Found

VideoLOST KITTY: Nannette Kilbey-Smith's family's 5-month-old little kitten, Jack. Disappeared last night from house on Oak Hill Road. No collar. Text/call 210-823-4518
Found: 2 brindle cows, on Sept. 12, at the end of La Gura Rd. in South Bexar County, located between South Loop 1604 and the San Antonio River, Gillett Rd. on east and Schultz Rd. on the west. Call after 8 p.m., 210-310-9206.
Lost: Men's wallet, Sept. 21 at Wal-Mart fuel center in Floresville, left on side of truck, medical IDs needed. If found call 210-827-9753, no questions asked.
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Help Wanted

Journeyman electrician and apprentice electrician needed, experience necessary. Call Sralla Electric at 210-885-4101.
Cricket Wireless is now hiring in Floresville, excellent hourly pay plus commission. We provide a professional work environment where you can grow and learn. Apply at 602 10th St. or call Cassandra at 210-758-7081,
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Agriculture Today

Deadline nears for Section 179 tax deduction

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December 7, 2011 | 2,778 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

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