Records In OrderApr 6, 20231 minRecent changes to the Sec. 179D energy-efficient commercial buildings deductionFrom The Tax Advisor: The energy efficient commercial buildings deduction under Sec. 179D provides taxpayers with an incentive to make...
Scott TurnerApr 6, 20232 minDeducting Health Insurance for S Corp ShareholdersFind below the direct quote from the IRS Small Business and Self-Employed Website http://www.irs.gov/Businesses/Small-Businesses-&-Self-E...
Scott TurnerApr 6, 20234 minDepreciating Your Business BuildingCongrats on your purchase. For tax purposes, a commercial building is depreciable over 39 years (straight line, no acceleration) for the...
Scott TurnerApr 6, 20233 minBuying a Vehicle After the New Tax LawExample: Business owner wants to sell or trade-in a former vehicle for $20,000 and purchase a new or used vehicle for $50,000. The issue...