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STRATEGIC ISSUES...ONLINE
For week of March
20, 2006, Issue #254
Featured
Articles:
1. Guidance
Issued on Vehicle Depreciation Deduction Limits
2. Tech Tip
Weekly: Adding Perspective to Your Charts
If you
would like to have further information on any of these
articles, let us know. We would appreciate receiving
your comments and/or suggestions, anytime!
acarroll@pmcpa.com
acarroll@pmcpa.com
1. Guidance
Issued on Vehicle Depreciation Deduction Limits
Tables
indicating limitations on depreciation deductions for
owners of passenger automobiles, including electric
automobiles, trucks and vans first placed in service
during calendar year 2006, have been issued by the IRS.
For
passenger automobiles first placed in service in 2006,
the depreciation limitations for the three tax years are
$2,960, $4,800 and $2,850, respectively and $1,775 for
each succeeding year. For trucks and vans first placed
in service in 2006, the depreciation limitations for the
three tax years are $3,260, $5,200 and $3,150,
respectively. The limitation is $1,875 for each year
thereafter. For electric automobiles first placed in
service in 2006, the depreciation limitations for the
three tax years are $8,980, $14,400 and $8,650,
respectively, and $5,225 for each year thereafter.
2. Tech Tip
Weekly: Adding Perspective to Your Charts
Perspective
provides MS Excel charts with an effect of objects that
are closer appearing larger and those that are farther
away appearing smaller. In other words, perspective can
add depth to a chart. This, of course, simulates the
way you see things out in the world. Charts don't
necessarily need this treatment, but it's available for
you to use.
Here's how
to adjust the perspective of a 3-D chart:
1. Create and select a 3-D chart, or open a workbook
with a 3-D chart and select it.
2. Choose Chart, 3-D View.
3. Adjust the perspective setting.
4. Click OK to close the dialog box and to see the
change in the chart.
Be careful,
the use of perspective can work against you. The use of
perspective may make it seem that the data points are
not equal in value, although in fact they're identical.
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