Year-end Tax BreaksNovember 18, 2011
There are several. Below are four tax-saving depreciation moves your business might want to make before December 31. These tax breaks are set to expire at the end of 2011 (unless Congress acts), so you need to act fast. Contact us if you have any questions about your situation.
Below are the four tax saving depreciation moves your business might want to make before December 31. To learn more about each of these important breaks, read our Tax Guide.
- Benefit from 100 Percent Bonus Deprecation for New Equipment and Software
- Buy a Heavy SUV
- Take Advantage of the $500,000 Section 179 Deduction for Used Equipment and Vehicles
- Claim the $250,000 Section 179 Deduction for Real Estate Improvements
Call or email any member of our Tax Services Group for additional details.