Planning An Equipment Purchase – Fresno CPA

Planning An Equipment Purchase

One of the best tax breaks available to manufacturers is the Section 179 deduction, which allows you to take a current deduction on equipment and business vehicles, rather than depreciating it over many years. This post is an update with 2015 numbers. Currently, the maximum amount for 2015 is $25,000 (*see below for a potential…

Construction Fraud – Fresno CPA

Internal Controls for Contractors

In no other industry is fraud more prominent than in the construction industry. In fact, data from a recent fraud study released by the Association of Certified Fraud Examiners (ACFE), makes this point. According to the report, the median fraud loss among construction firms in the study was $245,000, nearly twice the rates for companies…

Gain on Real Estate Sale Analysis – Fresno CPA

Gain on Real Estate Sale Analysis

Nothing in real estate is a guarantee. A Gain on Real Estate Sale Analysis can help provide a clearer picture about a potential purchase. Experts are constantly trying to get ahead of the curve, bubble and trends. However, as a seller of real estate, it’s possible to reduce your uncertainties to a minimum, and to…

IC-DISC-Process-and-Tax-Deferral – Fresno CPA

IC-DISC Process and Tax Deferral

I recently wrote a post on the benefits that IC-DISC provide to companies who export. In this supplement, I will explain the actual steps involved and the additional incentive that may allow you to defer 100% of the tax. These are the details you will need to know if you plan on taking advantage of…