Does anyone of you have a chart that shows the tax depreciation stuff for all the computer related items (hardware, software) and maybe even the regular office stuff. I am already preparing myself for tax time.
I am US based.
Does anyone know if Quickbooks Pro does these deductions automatically?
Don't forget to take your Section 179 election to depreciate up to $24,000 in equipment / software ("assests") the first year it's in use. There are some limitations on this election, but most small business will qualify.
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