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who you should talk to about Sec 179
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951
Posted 12/15/2015 20:14 (#4962620 - in reply to #4962546)
Subject: RE: Hell yes. Some of us are still operating in the black


sed - 12/15/2015 19:59

Depreciation schedule is merely prepaying future tax liabilities, hence lending government money



Huh?

I think you need to go read my reply to Tara's question

179 used properly is a great tool and if you manage your business as such you can lower your tax load over the long haul.

The defining moment is the exit strategy.

I can assure you with great confidence that me spending some cash on things I will 179 instead of paying the tax hit will make me more money in the end. Period.

Tax management isn't about avoiding taxes. It's about minimizing them in a sustainable and repeatable fashion.

Edited by 951 12/15/2015 20:15
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