Business Vehicle Purchases: What Is Deductible for 2020?

August 5, 2020

Purchases of new and used business vehicles may qualify for tax breaks under current tax law. If you need a new vehicle to use for business purposes, review these details before you go shopping. Some vehicles may qualify for bigger deductions than others.

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Tax Savings from Cost Segregation Studies Add Up for Businesses

October 23, 2018
Cost Segregation

If you purchased real estate for business, a cost segregation study can help substantially reduce your company’s tax bill.

Has your company invested in buildings this year to rent out or use for business purposes? Real estate investors have used cost segregation studies for many years to lower their tax bills. In a nutshell, these studies divide property into smaller parts, allowing for faster depreciation of certain parts of a building. Read more