Notas del episodio

"Depreciation and Business Credits: Tax Strategies to Lower Your Bill"

In this episode of How to Lower Your Tax Bill, host Terrence Hutchins breaks down two powerful tools for business owners: depreciation and business credits. He explains how these tax strategies can significantly reduce your taxable income and help you keep more of your hard-earned money.

Terrence covers:

  • Depreciation: What it is, how it works, and how to decide between Section 179, bonus depreciation, and MAKERS.
  • Business Credits: Key credits like retirement plan startup credits, research and development credits, energy investment credits, and more.
  • Strategic tips on when to depreciate assets upfront versus spreading deductions o ... 
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