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132 \\ Leverage Depreciation Like a Pro: Asset Acquisition and Tax Benefits Explained
Manage episode 435576012 series 3399967
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In this episode, we're diving deep into the world of depreciation and how it can help you save big on your taxes as a business owner. We’ll break down what depreciation is, the different types you should know about, and the smartest ways to use it to your advantage.
Whether you're buying new equipment, considering Section 179, or exploring bonus depreciation, we'll guide you on making the best decisions for your business. Plus, we’ll share tips on timing your purchases and managing cash flow to maximize your tax deductions.
If you're looking to make the most out of your assets and reduce your tax bill, this episode is a must-listen!
Listen:
🎧 Episode # 37 - Section 179 Depreciation: Traps to Avoid
Next Steps:
☎️ Find out how much you're overpaying in taxes every year! Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/
📧 Contact Me --> hello@phillipsbusinessgroup.com
📲 Follow me on IG @ the.tiffany.p.cpa
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