|
southwest illinois | Depreciation schedule is merely prepaying future tax liabilities, hence lending government money
You do realize tax cuts made in 2001 could lapse at any time.......and social security maximums are raised annually?
And in Illinois we are at 3.25% with pretty good odds it will go up
And BTW if you are buying anything that drops in value quicker than the general IRS depreciation schedules, makes the purchase have to increase net profits by a greater percentage | |
|