How Will the End of Some Popular Credits and Deductions Affect Your
Business?

 Did you know that bonus 50% first-year depreciation will no longer be available to
  your business in 2014 and beyond? And that the Section 179 expensing limit,
  which allows you to deduct qualified costs immediately instead of expensing
  them over time, will tumble to $25,000 from $500,000, where it’s been for the
  last four years? These are just a few of the changes that businesses should
  prepare for this year. While many tax rules are permanent, others are written
  to expire at some point in the future. Some are extended and given new
  deadlines, but a significant number of popular “extenders” terminated at the
  end of 2013, including both business credits and deductions.
 
How will the end of these and other credits or deductions affect you? And what
  other tax law changes could have an impact on your company finances? Contact
  our office to find out the answers.

  We can offer the advice and planning recommendations you need to minimize your
  tax bill and enhance your business’s financial situation.