Section 179 is a provision of the IRS tax code that allows businesses to deduct the full purchase price of qualifying equipment in the year it’s purchased and put into service.
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7 Smart Moves for Small Business Owners to Minimize Tax Liabilities
Don’t wait until next year to contact us about this year’s taxes. The time-sensitive suggestions in this article are critical milestones for your business’s profitability and minimizing tax liabilities.
Tax Deductibility of Employer Contributions: Retirement and Healthcare Plans
Understanding the tax benefits of employer contributions to employee healthcare and retirement plans is essential for any business.
Maximize Your Refund: Overlooked Deductions and Credits You Should Claim
Deductions and credits are two terms that are commonly misused. Both can minimize your tax liability, but they are separate concepts. As an individual or business owner, you need to understand those differences.
Freelancers & Small Businesses: How to Stay on Top of Tax Time Like a Pro
Tax time can be stressful for freelancers and small business owners, Here are some tips on how to stay on top of this and other issues at tax time.
How Will New Federal Financial Policies Affect Your Small Business in 2025?
Federal policies change every year, the new administration has big policy changes planned that may affect your small business.