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Tuesday
Feb 07th
Home arrow Tax Tips arrow Business Taxes arrow Managing Assets
Managing Assets E-mail
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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  • Newsflash
    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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