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Insights from the Fastlane

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Michael DiSabatino of Sharp CFO™ offers expert insights to help you unlock your business's full potential by delivering proven strategies for maximizing tax savings, streamlining operations, and driving sustainable growth.

Should You Expense or Depreciate Your Capital Asset?

If you own a business, you know that you may accelerate the expensing of qualified capital purchases. This can be done within two special provisions in the tax code that were recently expanded:

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You may have a deduction for moving expenses

You may have a deduction for moving expenses

If you moved in 2014 because of a new job location, you may be entitled to a tax deduction for your moving expenses.

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