Tax Strategies


Today will share with you one of the best kept secrets of the IRS. It is called Cost Segregation. What is Cost Segregation? In simple terms, cost segregation is a strategic tax planning tool that allows companies and individuals who have constructed, purchased, expanded or remodeled any kind of real estate to increase cash flow by accelerating depreciation deductions and deferring federal and state income taxes. For example, a...

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As the end of the year approaches, it’s a good time to think of planning moves that will help lower your tax bill for this year. One strategy that will provide big tax deductions is purchasing a vehicle. If you’re looking for a replacement business car, SUV, van, or pickup truck, then now is the time to act. If you want the deductions, you need to • own the vehicle, and • place it in business service before midnight on December 31....

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