|
southwest illinois | Thanks for reminding me about tires
I would like to load up on 7 year depreciation, given cheap interest these days, and a gamble that Federal and State income taxes MAY go up, makes good financial sense to pay some more taxes now and bank some expenses 2-7 years out
If a guy prepays inputs on a yearly basis, why not prepay taxes a few years out to help even out after tax profits?
In my lifetime, I really could use Sec 179 when interest rates and tax rates were a lot higher. | |
|