Tag Archives: bonus depreciation

Here’s How to Write Off Equipment and Capital Improvements Like a Pro

The makes it easier than ever to write-off the cost of buying equipment or making certain improvements rather than depreciating the cost over a number of years. And small businesses are taking advantage of these new rules. The that 61% of businesses claimed capital outlay, with 43% spending on equipment, 27% on vehicles, and 16% on improved or expanded facilities. How to Write off Equipment and Capital Improvements The new tax rules give you a number of options on how to deduct your costs immediately in lieu of […]

More info