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Early End of Year Tax Tip 2012

 

With the end of the right around the corner, we all need to think about any items, tools and equipment we are considering to buy in the near future and purchase those items before the end of year to maximize deductions for this year. If cash flow permits it, it is recommended that you act before the end of the year. As always, speak to your accountant to discuss this and other tax tips.

 

 

 

Couldn't agree with you more Joe! I do this every year during October after we look at where we stand once the 3rd quarter is done. This year with the two storms pushed us to this month. Account is headed to our shop Monday. With the management software we already can see much of what we need but depreciation needs to be taken into account.

 

Have a good Thanksgiving!

 

Spence

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