The parts replacement decision, to replace a piece of equipment should be based on facts and figures. The judgment which the owner-manager of a small company makes...

How Big Data Can Save You Big Money on Business Taxes
I awoke with a start the other night, realizing the end of March had crept up on me and I still hadn't done my taxes. Just thinking...

Depreciation of Business Assets
Excess Logic continues reposting interesting articles. We trying to pay your attention how important to recycle used electronic and computer equipment to protect the environment. We'd like you to recycle e waste and we hope...

Tax Code & Writing Off Inventory
If your business has an inventory, its value is an important part of your taxable income. Writing off inventory that's damaged, stolen or unsellable can cut your...

7 Top Tax Deductions for Your Small Business
1. New Equipment Some small businesses can write off the full cost of some assets in the year they buy them, rather than capitalizing them -- deducting...

Current vs. Capital Expenses
When you may deduct a given expense depends in part on whether it is considered a current or capital expense. Bonus depreciation. In addition to Section 179, there...