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QualityCPA. com -2Should you set up a retirement plan before year-end Do you have tax basis to deduct potential losses For business owners consider deferring shipments and billings. Should you make capital expenditures before year-end to take advantage of Section 179 depreciation which allows up to 500 000 of expensing Consider purchasing qualifying heavy sport utility vehicles or trucks to obtain larger depreciation expense deductions. See the attached handy chart. If you are accelerating...
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