Dec 11, 2019 | Depreciation Tips, Tax Tips
Depreciation has a bad reputation. After all, nobody wants their assets to lose value. However, from a business perspective, depreciation helps your tax situation. Business owners need to keep close track of their depreciation expenses. Then, they can deduct it at tax...
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Jul 12, 2018 | Depreciation Tips, Tax Tips, Turo Taxes
Rideshare business owners are facing new tax regulations following the passage of the Tax Cuts and Jobs Act (TCJA) some of which have affected leasing and depreciation tax rules. As a result, Tax Reform means that rideshare business owners now need to reassess the...
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Mar 8, 2018 | Carshare Taxes, Depreciation Tips, Tax Tips, Turo Taxes
Carsharing presents a great opportunity for people with cars sitting in their driveway and for entrepreneurs looking to compete with traditional car-rental services. In addition, there can be key tax benefits. If you’ve earned money this year from sharing your...
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