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Dec 2011
New versions have been released for all applications for tax year 2011 final changes. They include Form 4562 for 2011.
May 2011
Adobe Reader X shows an error when running Form 4562 Report. Protection Mode in Adobe is causng the problem. You can disable Protected Mode via the Adobe user interface. Go to Edit > Preferences > General, and in the Application Startup panel, check or uncheck Enable Protected Mode at startup.
January 2011
New versions
have been released for all applications for the 2010 and 2011 tax changes.
They include Form 4562 for 2010.
Latest News
Oct 2010
Form 4562 added to the tax reports for MTW Web Depreciation. The form is automatically populated with your data, so that you can print it and file it with your tax return.
Sept 27, 2010
Small businesses can now expense up to $500,000 of section 179 property for tax years beginning in 2010 and 2011.
www.irs.gov/formspubs/article/0,,id=177054,00.html
Also bonus depreciation has been resurrected. For qualified assets purchased in 2010, 50% of the purchase of the new asset can be expensed and the remaining basis after the amount expensed qualifies for regular depreciation.
www.whitehouse.gov/blog/2010/09/27/president-obama-signs-small-business-jobs-act-learn-whats-it
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