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Monthly Archives: June 2019

 If you own a new business that has been open for less than one year, you can save considerable money on taxes by claiming a bonus depreciation credit. This credit allows you to claim a deduction for eligible property or...
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Business capital accounts, which sometimes go by the name equity accounts, are an important thing for you to understand as a business owner. The term capital refers to all assets pertaining to your business. The most common types of business...
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You create a liability anytime you buy something for your business with borrowed money. This includes paying by credit card unless you pay the balance in full each month. A mortgage for commercial property and a business loan are two...
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If you’re not familiar with the term leverage in a business sense, it refers to the way a business obtains assets to use for startup purposes or for expansion. A slight variation on the term, leveraged, means that a business...
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