Business Deduction Tax Strategies

Business dedeuction tax strategies involve not just claiming expenses but timing when you make investments into your business and taking advantage of special tax rules.

 

Examples include:

• Work Opportunity Tax Credit for new hires
• Tax credits for starting employee retirement plans
• Bonus depreciation
• Cost segregation
• Qualified Business Income deduction optimization
• Section 179 expenses
• Startup expenses

   

To learn more about how these strategies work, how much you could save, and how to put these strategies into action, contact a tax advisor now.