))
Accelerate Depreciation for Business Purchases
Archived series ("Inactive feed" status)
When?
This feed was archived on October 02, 2024 09:05 (
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 398266080 series 3546405
Content provided by Jamaal "Crypto J" Solomon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jamaal "Crypto J" Solomon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Accelerated depreciation affects taxes by allowing businesses to deduct a larger portion of the cost of an asset in the early years of ownership. This results in a lower tax bill in the short term but may result in a higher tax bill in the long term when the asset is sold. In this episode, we will learn why you may want to accelerate depreciation for business purchases.
My name is Jamaal “Crypto J” Solomon, founder of J.S. Tax Corporation. The goal of this podcast series to give you REAL tax advice in 7 minutes or less. You literally have no excuses!
Here is my Source Award pitch to you……
Any taxpayer out there that want to be tax savvy and want to stay a star, and don't have to worry about their tax accountant trying to be all in the tik tok videos, all on the YouTube, dancing... come to J.S. Tax Corporation!"
Let’s Go!
Looking for a new accountant? Free 20 minute consultation: https://jstaxcorp.hbportal.co/schedule/6544f8dac5128d0027c0f003
FREE weekly tax group sessions: https://pensight.com/x/jamaalsolomon/new-group-event/4ce5aeeb-0ca9-47dd-9219-e6d8fcf7dcf8
J.S. Tax Corporation's website: www.jstaxcorp.com
Help us by becoming a paid subscriber: https://www.buzzsprout.com/2287413/support
Youtube page: https://www.youtube.com/@36chambersoftaxes
Ebook: https://www.amazon.com/Good-Guys-Tax-Journey-Part-ebook/dp/B00FMGH9P6
34 episodes
Share
