When the Godfather makes you an offer you can’t refuse, it’s very wise to accept.
And when Uncle Sam makes you an offer of immediate tax deductions that save you time, money, hassles, and also avoid the recapture tax, it also makes sense to accept.
You see, thanks to a recent change in the law, you can now get an instant deduction and avoid the recapture tax for virtually all tangible assets you buy for $500 or less!
Want to find out how to take advantage of the IRS’s new business-friendly law? Read my new article titled Tax Tips: Why You Should Accept the New IRS Offer to Immediately Deduct Assets That Cost $500 or Less?
Three ways our fact-filled article can help you:
- You’ll learn why the new law makes life much easier. Thanks to the new law you won’t suffer the recapture tax or get bogged down with capitalization, depreciation, and Section 179 expensing complexity. You’ll get all the good news when you read the full article.
- We’ll list the five exceptions to the rules. Don’t worry. These exceptions won’t cause you much pain… but you do need to know what they are. You’ll get the full story when you to read the full article.
- We’ll explain how to put the $500 “safe harbor” rules to work. There are two things you’ll need to do. Both are easy (for you and your tax preparer) as you’ll discover when you read the full article.