Two valuable depreciation-related tax breaks can potentially reduce your 2017 taxes if you acquire and place in service qualifying assets by the end of the tax year.
Year-end 2017 presents a unique set of challenges for taxpayers.
With Veterans Day on November 11, it’s an especially good time to think about the sacrifices veterans have made for us and how we can support them.
Currently, a valuable income tax deduction related to real estate is for depreciation, but the depreciation period for such property is long and land itself isn’t depreciable.
Projecting your business income and expenses for this year and next can allow you to time when you recognize income and incur deductible expenses to your tax advantage.
Virtually every business must file a tax return. So, some private companies issue tax-basis financial statements, rather than statements that comply with U.S.