With bonus depreciation now at 100 percent along with increased limits for Section 179 expensing, buy your equipment or machinery and place it in service before December 31 and get a deduction for 100 percent of the cost in 2018.
Qualifying bonus depreciation and Section 179 purchases include, among others, new and used personal property such as machinery, equipment, computers, desks, furniture, and chairs.
Please make sure you pay your quarter estimates for your federal, state and local taxes (if applicable). Quarterly tax estimates are due on 4/15, 6/15, 9/15 and 1/15. Payments can be made with check,
September Tax Deadlines: S-Corporations and Partnerships on Extension must file 2022 returns by 9/15/2023. Trusts on Extension must file 2022 returns by 9/30/2023 Individual 2022 Taxes on Extension mu
View this email in your browser Shutting Down a C Corporation There are several tax implications that you need to be aware of when shutting down a C corporation. Complete liquidation of a C corporatio
