Web Designers that don't use CSS for their design and development of Web sites are rapidly becoming a thing of the past. And it is arguably as important to understand CSS as it is to know HTML-and some would say it was more important to know CSS.
The points or miles you earn from making purchases with your rewards credit card are usually tax-free. According to the IRS, those rewards are considered discounts rather than income. Sign-up bonuses arenât taxable either if you have to spend a certain amount of money in order to qualify for the reward.
Therefore, if you deducted the 50% bonus depreciation under IRC sections 168(k) or 168(n) on your 2009 federal return, you must add to federal taxable income 85% of the amount deducted. This adjustment does not result in a difference in basis of the affected assets for State and federal income tax purposes.