Year-end tax planning for manufacturers: Combine the Sec. 179 expensing election with first-year bonus depreciation
Depreciation tax breaks, such as the Section 179 expensing election and first-year bonus depreciation, remain valuable tools manufacturers can use to reap year-end tax savings.
Read More Mid-year Tax Planning for Small Businesses and Owners
Have you met with your tax advisor to plan for 2023? The current tax year is already half over, and many tax planning moves require some time to implement. Fortunately, you still have several months to make changes. Here are four ideas to inspire small businesses and owners to take action to lower their tax obligations for this year
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