How The New Tax Law May “Drive” Your Decision Making

The Tax Cuts and Jobs Act revamped tax depreciation in several ways, one in particular being the way vehicle depreciation limits are calculated. Below is a summary of the vehicle depreciation limits prior to the new tax law vs. the vehicle depreciation limits under the new tax law. Pl

Time is Almost up on Depreciation Tax Breaks

Will you be needing new equipment (or other fixed assets) for your business in the near future? From a tax standpoint, it would be wise to decide soon. Bye-bye Bonus Depreciation If you postpone your purchases until next year, you’ll miss out on a bonus first-year depreciation d