EP21 - How Business Depreciation Works: Bonus Depreciation vs Section 179 for Creators скачать в хорошем качестве

EP21 - How Business Depreciation Works: Bonus Depreciation vs Section 179 for Creators

Welcome to another episode of Let’s Get Fiscal — the podcast where we break down business finances, tax strategies, and money management tips for entrepreneurs, freelancers, and small business owners. Whether you’re looking to maximize your deductions, streamline your bookkeeping, or get expert advice on growing your business, you’re in the right place! In this episode, hosts Anastasia Aiello and Myiesha Fisher dive deep into: • Proven strategies for organizing your business finances and staying audit-ready • The most overlooked tax deductions that could save you money • Real-world advice for entrepreneurs navigating the complexities of tax season • Actionable steps to keep your books clean and your business compliant all year long Why subscribe? Every week, we deliver practical financial advice, real-world case studies, and answers to your most pressing money questions. Our mission is to make business finances less intimidating and more empowering for everyone. Timestamps 00:00 Introduction to Smart Tax Deductions 00:11 Welcome to Let's Get Fiscal 00:32 Understanding Depreciation 01:38 Safe Harbor Election Explained 08:50 Section 179 and Bonus Depreciation 12:07 Understanding Section 179 and Bonus Depreciation 12:32 Impact of Depreciation on Business Income 13:57 Strategic Use of Depreciation for Business Growth 17:20 Personal vs. Business Use of Equipment 20:17 Timing and Depreciation Rules 22:18 End-of-Year Tax Strategies for Creators 24:27 Conclusion and Final Thoughts 🔗 Helpful Links & Resources Listen on Apple Podcasts: https://podcasts.apple.com/us/podcast... Listen on Spotify: https://open.spotify.com/show/08AjRNf... Watch on YouTube:    / @letsgetfiscalpodcast   📬 Got a question for the show? Submit it here: https://www.coterietax.com/qa 🎧 Want to listen to more episodes? Catch the latest episodes at: https://www.coterietax.com/podcast 📊 Need personalized help with your business finances? Reach out at https://www.coterietax.com Don’t forget to like, comment, and subscribe for more actionable business finance tips! #BusinessFinance #TaxTips #Entrepreneurship #LetsGetFiscal #SmallBusiness #MoneyManagement #Podcast