How Manufacturing Companies Can Benefit From the Section 179 Expensing Deduction
Does your manufacturing company need to acquire new equipment to meet demand? Fortunately, there’s a tax break that can help: the Section 179 deduction. It…
Does your manufacturing company need to acquire new equipment to meet demand? Fortunately, there’s a tax break that can help: the Section 179 deduction. It…
Federal and state income taxes are not the only complex taxes that affect contractors. New York State (NYS) sales tax is another important form of…
It’s not unusual for a construction contractor to seek damages when an owner’s actions delay the completion of a project. The contractor may pursue a…
While many businesses handle sales in a single transaction, construction contracts often cover months or even years and include multiple payments. As you’re well aware,…
Sometimes, bigger isn’t better: Your small- or medium-sized business may be eligible for some tax breaks that aren’t available to larger businesses. Here are some…
A business or individual might be able to dispose of appreciated real property without being taxed on the gain by exchanging it rather than selling…
Human capital is an asset consisting of the knowledge and skills held by a person that can be used by an organization to advance its goals.…
The Tax Cuts and Jobs Act (TCJA) significantly boosted the potential value of bonus depreciation for taxpayers — but only for a limited duration. The…
Do you pay premiums for Medicare health insurance? If so, you may be able to combine them with other qualifying health care expenses and claim…
Teachers who are setting up their classrooms for a new school year often pay for some of their classroom supplies out-of-pocket. They can recoup some…