Depreciation Deduction: A Double-Edged Sword (article)

Depreciation Deduction: A Double-Edged Sword (article)

Most business owners recognize the value of depreciation. Simply put, it is a tax deduction  for the wear and tear of business property. What’s more enticing is that it’s a recurring deduction which doesn’t require cash outlay. If that’s not a good enough reason to buy new equipment or upgrade a business vehicle, recent law changes and subsequent 2015 extenders created  additional incentives. However, depreciation is not a freebie! One must not overlook the tax consequences when disposing of business assets.

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Depreciation Deduction: A Double-Edged Sword 

Depreciation Deduction: A Double-Edged Sword (article)2016-09-22T19:48:00-05:00