Tax Tips
Business Taxes
Managing Assets | Managing Assets |
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As a business owner, you can normally deduct business
expenses in the year you incur them, but the rule is
different for property you buy that is expected to last
more than one year, such as buildings, machinery, and
furniture. Let's quickly cover the tax basics of
business assets, and then uncover how to get the most
bang for your buck.
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| AP - More than 3 million people will have to wait until February to get their tax refunds because of Congress' late fix to the alternative minimum tax, the IRS said Thursday. | |
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