article thumbnail

7 Things Tax-Savvy Business Owners Should Do Before Year-End

Strategy Driven

Depreciate your new equipment. For equipment expenditures that either don’t qualify under or exceed the limits of Section 179, you can take an immediate first-year deduction of 100% of the adjusted basis of the property under the new bonus depreciation rules. Buy energy-efficient business property. Set up a 401(k) plan.

article thumbnail

Cutting Your Business Costs: Top Tips

Strategy Driven

Can you talk to your landlord about switching energy and utility suppliers if there are cheaper options available? Can you downsize your commercial property? Can you look at lowering your bills by installing insulation from www.insofast.com ? Reduce staffing costs. If at all feasible, involve family members in your business.

Cost 66
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 Things Tax-Savvy Business Owners Should Do Before Year-End

Strategy Driven

Depreciate your new equipment. For equipment expenditures that either don’t qualify under or exceed the limits of Section 179, you can take an immediate first-year deduction of 100% of the adjusted basis of the property under the new bonus depreciation rules. Buy energy-efficient business property. Set up a 401(k) plan.

article thumbnail

The ROLE of Emotional Intelligence in Effective Leadership Today

The Center For Leadership Studies

EBITDA (earnings before interest, taxes, depreciation and amortization) still matters as does the P&L (profit and loss statement) and the deadline for 2021 projections (who can imagine?!) Deadlines and deliverables must be met. Customers expect uninterrupted excellence. is just around the corner.

article thumbnail

Leadership & Initiative Overload | N2Growth Blog

N2Growth Blog

The achievement of current goals and objectives free up the time & create the resources to move on to bigger and better things…Trying to do too many things at once will impede progress, dilute effort & energy, add to chaos and lead to burn-out. mikemyatt: A leaders Intellect should not be a depreci. Our Freedom.

Blog 419
article thumbnail

A Couple Reasons to Smile About

Women on Business

Allows businesses to take a 100% depreciation write-off for investments in certain new business equipment in 2010 and 2011. Extended many energy and business credits and incentives, such as the Research & Development credit. People are optimistic–almost happy!–and In 2011, workers will pay 4.2%

article thumbnail

Marketing Success | N2Growth Blog

N2Growth Blog

I have watched companies spend tremendous amounts of money, time and energy debating logos, taglines, color pallets, font styles, ad campaigns, positioning strategies, marketing messages, brand promises, etc., mikemyatt: A leaders Intellect should not be a depreci. Our Freedom. mikemyatt: The rigidity of a closed mind is the first s.

Blog 303