small business write-offs – The Burns Firm – Advisors of Complex Financial Matters

Small Businesses: Are First-Year Depreciation Write-Offs Right for You?

October 1st, 2020|Categories: Accounting, Burns Firm, Business, Tax, Tax Credits, Tax Deductions, Tax Planning, Tax Return|Tags: CPA Dallas, should a business write off depreciation, small business write-off first year depreciation, small business write-offs, small business writeoffs, tax, Tax planning, tax planning for a small business, The Burns Firm|

Under today's federal income tax rules, your business may be able to claim big first-year depreciation write-offs for eligible assets that are placed in service in the current tax year. [...]