Buy a Christmas Gift for Your Business!
WOW, Christmas is only a week away and, as we know, the smart people did their Christmas shopping early so they wouldn’t have to fight the crowds and spend two hours trying to get out of the mall parking lot. On the other hand, the REALLY smart people not only finished their holiday shopping early—they also bought something for their business!
Why Buy a Gift for Your Business?
Because anything you buy for your business—like new equipment, office supplies, apparel, printing, or creative/web services—counts against your taxable income.
Buy Early = Save Early
Let’s say you are interested in having a new Website or Brochure designed for your company. Even if you will not be ready to begin your project until after the end of this fiscal year, by paying for it right now in full, you will maximize the savings in your upcoming tax return. This isn’t our idea folks—this is something we learned from one of our clients a few years ago.