Hot Tips For The New Tax Year Part 8

Depreciation Section 179 Expense Deduction. For 2018, the new law increases the maximum amount a taxpayer may expense under Section 179 to $1,000,000 and increases the phase-out threshold amount to $2,500,000. The provision provides that the maximum amount a taxpayer may expense, for tax years beginning after 2017, is $1,000,000 of the cost of qualifying…MORE

Does Drinking Wine and Smoking Carry the Same Risks for Women?

Wine lovers, you’ll want to read this. There’s a new report out there that states drinking one bottle of wine per week could be the same thing as smoking ten cigarettes in the same length of time. While this risk is for women, the same amount of alcohol but five cigarettes is the report for…MORE