Federal tax officials may bring more reality to the old adage “There’s no such thing as a free lunch.” According to reports from the California Bay Area and Silicon Valley, the Internal Revenue Service is…
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IRS Ups Deduction vs. Depreciation to $2,500 for Computers, Phones
The Internal Revenue Service has increased the amount small businesses can expense versus depreciate on their taxes each year. It’s a change that should simplify record keeping and increase the amount of a capital investment…
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