Manage episode 514682876 series 3420908
Today, Shannon breaks down the essentials of bonus depreciation and depreciation recapture: two topics every business owner should understand. She explains how these deductions really work, why they’re often about tax deferral rather than elimination, and what to watch for when selling assets or a business.
You’ll walk away with practical insights to help you manage your assets wisely and make confident, informed tax decisions.
What you'll hear in this episode:
[05:35] Consult your tax advisor before selling assets.
[06:45] Discuss depreciation recapture impact with a tax professional.
If you like this episode, check out:
How to Create Enterprise Value for Your Business
Why Enterprise Value is the Goal
Learn more about our CFO firm and services: https://www.keepwhatyouearn.com/
Connect with Shannon: https://www.linkedin.com/in/shannonweinstein
Watch full episodes: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ
Follow along on IG: https://www.instagram.com/shannonkweinstein/
The information contained in this podcast is intended for educational purposes only and is not individual tax advice. We love enthusiastic action, but please consult a qualified professional before implementing anything you learn.
827 episodes