Year-end business tax planning

by | Nov 17, 2018 | Melinda's blog

From Melinda May, CPA | Featherstone Under the TCJA, equipment expensing permitted by Section 179 of the tax code was expanded. In 2018, your business can take a first-year deduction of up to $1 million worth of equipment purchases. You might buy, say, $400,000 worth...