Category Archives: Advisory|Strategic Guidance|Value Building

What do changes in depreciation rules mean for me in 2022-2023?

depreciation rules and changes

Most taxpayers have gotten very used to taking 100% bonus depreciation. Most of the time, people have been getting used to taking 100% bonus and writing off whatever they’re spending on capEx. This has been the case since the Tax Cuts and Jobs Act in 2017 – the Trump tax cuts. You may be thinking

18 Value Drivers That Increase Your Business’ Value

According to the annual Business Reference Guide written by Tom West, 70-80 percent of businesses do not sell.  One of the reasons this happens is because many business owners focus on current income generation as opposed to building the value of the enterprise.  Profit or income does not automatically translate to enterprise value. Enterprise value