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Tax laws can help with startups and expansions
October 1st, 2019
Tax laws can help or hurt new and expanding businesses. By Mark E. Battersby In today’s economy, it’s not unusual for an existing fabrication business to branch out, or for the owner or self-employed canvas professional to start another business in the same or a different field. Few realize, however, that Uncle Sam stands ready […]
Tax law changes make adding equipment and vehicles more affordable
October 1st, 2018
Last December’s Tax Cuts and Jobs Act (TCJA) not only slashed tax rates, it also enacted rules that allow businesses to treat as an expense and immediately write off more—including 100 percent temporary expensing for certain assets. This means adding needed equipment, vehicles or even a new shop building is now a lot more affordable. […]