In December, lawmakers retroactively enacted 50% bonus depreciation for 2015.
If you can benefit from this largesse, great. But if you don’t want that extra 50% bonus on some or all of your assets, my new article can help you out.
You see, it’s devoted to showing you how avoid three traps that the IRS has set for you.
Want to walk through the IRS’s minefield unscathed?
Read my new article titled Tax Tips: Mind-Boggling Traps in Retroactively Passed Bonus Depreciation.
Three ways our fact-filled article can help you:
- You’ll learn how to sidestep the dangerous “phantom depreciation” trap. This one is absolutely infuriating and easy to miss. If you’re not careful, this trap could cost you valuable tax benefits! That’s why it’s so important for you to read the full article.
- We’ll show you how to avoid the destruction of deduction carry forwards. If you suffer a bonus depreciation phantom tax deduction, your expected tax benefits (from one or more of the carry forwards) could either suffer or disappear completely! You’ll get all the details when you read the full article.
- We’ll explain why you could face tax-planning ruin. Your tax plan probably called for low deductions in 2015 because you had far lower than normal income. You expect 2016 and future years to put you in a much higher bracket. But you may be in for a nasty surprise. We’ll explain why when you read the full article.