December 2022 Newsletter
Kevin Dobson
Professional Business Funding Consultant with a focus on helping Startups get to the next level. Become a Funding Partner? Business Funding Coach /Mentor
Hi Family,?It’s been fantastic working with you in December 2022 and we hope we can continue doing business together in the forthcoming year. In the meantime, have a wonderful New Month and a happy holiday season.
Here is a major Tax deduction for those business owners purchasing equipment. The IRS allows you to write off the total purchase price of an equipment in the current year. So if equipment cost are $100k. That is now a write off of 100k for your 2022 tax returns
What Is Section 179?
Section 179 of the U.S.?internal revenue code?is an immediate expense?deduction?that business owners can take for purchases of?depreciable?business equipment instead of capitalizing and depreciating the asset over a period of time. The Section 179 deduction can be taken if the piece of equipment is purchased or financed and the full amount of the purchase price is eligible for the deduction.
Here’s the link for further information on Section 179?Click Here
If you need funding just reply "I need funding now"
Also, here's an article to help you along your way?Click Here
We deploy AI-driven Borrowers Acquisition system for mortgage brokers to get 4-5 deals closed per month | Mortgage Consultant | Mortgage Marketing
1 年Kevin, great post thanks for sharing!