planning-an-equipment-purchase

Planning An Equipment Purchase

One of the best tax breaks available to manufacturers is the Section 179 deduction, which allows you 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 increase…

IC-DISC-Process-and-Tax-Deferral

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…