Looking for additional write-offs this year?


Toward the end of the year, prior to the end of the year. What a lot of clients do is they can figure out a way to strategize how they take an income at the very last month of the year and how they take or expend expenses. Expenses. Uh, theoretically they can purchase stuff in advance that they may need in the first quarter of the next year to get the write off this year.

So that’s like one of them.

Yeah, I think we find ourselves utilizing a lot of investment in retirement vehicles. So real estate’s super hot, you know, because of cost segregation. It’s an accelerated depreciation technique. So we find ourself recommending investments in buildings and property. And then the other one would be retirement savings.

And, you know, especially if you’re close to retirement age-ish, and you’ve really not planned. There’s certain vehicles that you can utilize all the way up through the end of the year that don’t even need to be paid until the following year. That’s a huge savings for business. Helps out with the, you know, qualified business income deduction and

yep.

QBI. Yeah, it’s a really good.

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