On September 21st, 2020, the IRS finalized regulations concerning the depreciation of equipment purchases.
See the original article in Contractor’s Hotline October 26th, 2018
The world of business financing can feel intimidating– especially if you’re worried about money and how you’ll get it. You may be apprehensive about approaching banks for a host of reasons; and they’re probably all running through your head on a constant loop:…business too new, credit too low, money tied up, in a rush… The […]
I’ve been there. I know what it means to own a company that’s operating hand to mouth. More to the point, I understand what it means for a CEO to view their bank accounts and not know if they can make the next payroll. Panic ensues. At just about that time, an email, text or […]
Yes, what you’ve heard is true: you may be able to save a third—33%—on the cost of a capital equipment investment by taking advantage of the Section 179 tax deduction. Now, if you’re like most business owners, you’re probably being besieged with marketing communications that encourage you to make your Section 179 purchase by the […]
Read how a small cement mixing and delivery company managed to fulfill an influx of 20 new contracts. When three experienced concrete mixing and delivery professionals left their employer to start their own business, they worked tirelessly (and sometimes at a loss) to find their first few clients. In business for too short of a […]