November 2021
Tax Planning in Turbulent Times Part 2: Tax-Wise Investment Techniques
Submitted by Desmond Wealth Management, Inc. on November 15th, 2021The Basics of Depreciation
Submitted by Desmond Wealth Management, Inc. on November 7th, 2021Are you thinking about buying personal property (such as a car, a computer, or other equipment) or real property (such as a building)? If you use the property for personal purposes, it’s not deductible.
However, if you use it in a business, you can deduct the full cost using regular depreciation, bonus depreciation, or IRC Section 179 expensing.