New Business? 1st Year Deduction Strategies

Article Highlights: Equipment Depreciation & Expensing Opportunities Vehicle Luxury Auto Rules Leasehold Improvement Expense Options Start-Up Cost Elections Organizational Expense Alternatives If you are planning a new business start-up and are incurring some expenses, you probably anticipate deducting those expenses in the first year of the business’s operation. Unfortunately it is a little more complicated […]