Federal Tax Deductions

Small Businesses: It may not be not too late to cut your 2019 taxes

Assets, Business Deductions, Business Equipment, Business Income Tax, Deductions, Equipment, Federal Income Tax, Federal Tax Deductions, Simplified Employee Pension (SEP), Small Business, Tax Planning / By Douglas Freeman

Don’t let the holiday rush keep you from taking some important steps to reduce your 2019 tax liability. You still have time to execute a few strategies, including 1. Buying assets. Thinking about purchasing new or used heavy vehicles, heavy equipment, machinery or office equipment in the new year? Buy it and place it in …

Small Businesses: It may not be not too late to cut your 2019 taxes Read More »

The tax implications if your business engages in environmental cleanup

Environmental Tax Deductions, Federal Tax Deductions / By Douglas Freeman

If your company faces the need to “remediate” or clean up environmental contamination, the money you spend can be deductible on your tax return as ordinary and necessary business expenses. Of course, you want to claim the maximum immediate income tax benefits possible for the expenses you incur. These expenses may include the actual cleanup …

The tax implications if your business engages in environmental cleanup Read More »

Employees

Federal Tax Deductions

Small Businesses: It may not be not too late to cut your 2019 taxes

The tax implications if your business engages in environmental cleanup

Connect with Us

Visit us