Depreciation & Section 179 – Page 2

Audit & Assurance, Client Accounting, Cost Report Preparation, Tax Advisory

Restaurant Accounting: How to Manage Finances and Maximize

Restaurant accounting covers daily sales tracking, food cost control, payroll, and financial reporting: essential practices that help owners protect margins and grow profitably.

March 19, 2024

Client Accounting, Tax Advisory

Section 83(b) Election: What It Is and When to File

A Section 83(b) election lets employees pay tax on restricted stock at grant instead of at vesting, potentially saving thousands if the stock rises…

March 19, 2024

Client Accounting, Tax Advisory

Section 179 Deduction: Rules, Limits, and What Qualifies

Section 179 lets businesses write off qualifying equipment and property costs in year one. Learn the rules, limits, and eligible assets.

March 19, 2024

Client Accounting, Tax Advisory, Transaction Advisory

Year-End Tax Planning: How to Cut Your Tax Bill Now

Year-end tax planning can lower your business and individual tax bill. Use this checklist of deductions, credits, and strategies before December 31.

November 8, 2023

Tax Advisory

Nursing Home Interest Deduction: Treasury’s 163(j) Rule

Treasury’s Section 163(j) rules grant nursing homes a special interest deduction carve-out. Learn how the Propco-Opco election works.

July 29, 2020

Tax Advisory, Transaction Advisory

Business Interest Expense Limitation: What Owners Must Know

The business interest expense limitation under Section 163(j) caps deductions at 30% of adjusted taxable income. Here is how it works and who qualifies…

February 6, 2019

Tax Advisory

Excess Business Loss Limitation

The excess business loss limitation caps deductible business losses at $313,000 (single) or $626,000 (joint) for 2025. Learn how the rule works, how carryforwards…

December 14, 2018