Tax Tip

Bonus Depreciation

This one change in the tax law made it the best time ever to start your own business.  The new tax law increased the amount you can write off for equipment from 50% to 100% in the year it was purchased, now qualifies on new or used equipment, and limits allowed were doubled – it’s a perfect time to start up a business.  

So you have a great business idea and ready to go?  We can help you get started, develop business plans, discuss the right business structure, form your company, help with payroll, keep the books for you, be at your side with planning techniques for minimizing your tax bill, and as your partner-our team will do everything in our power to make your life a little bit easier.

 

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