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Increase cashflow with O'Connor's Bonus Depreciation

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Poconnor
Increase cashflow with O'Connor's Bonus Depreciation

Reduce your tax liability and increase cashflow in your business with O'Connor Bonus Depreciation. Reach https://www.expertcostseg.com/bonus-depreciation/

Assets are reviewed and selected improvements (Tangible Personal Property and/or Land Improvements) are depreciated over 5, 7 or 15 years, rather than 39 years for commercial property or 27.5 years for apartments. The identified short items identified are depreciated via either 200% declining balance (5 & 7 year assets) or 150% declining balance (15 year assets) thereby further enhancing your depreciation.

This accelerated depreciation can significantly reduce your tax liability, leading to increased cash flow for your business.

Bonus Depreciation can be utilized at the time of construction or purchase of an asset, and for assets owned for several years.  U.S. tax law allows an owner to recover previously under-reported depreciation using a “Look-Back” study, and deduct the “catch-up” depreciation on the current year’s return without filing amended returns for prior years.

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