What last minute tax deductions are you getting?

Have you been thinking about a business purchase but delaying? Now may be a good time to pull the trigger so you can take the expense in 2024. Doing so will reduce your taxable income in 2024.

Examples of business expenses to consider are: electronics like computers, printers, AirPods, tools if you own rentals or flip houses, staging furniture if that’s a service you provide, marketing collateral like open house signs and business cards, to name a few.

What am I missing? Is there anything you’re going to buy before January 1st?

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