Winning the (Tax) Game in the Fourth Quarter
Acquiring new equipment can be a challenging proposition. One important consideration is timing the acquisition to maximize the tax benefits. This article by a finance professional highlights key financing options and shows why the fourth quarter is an ideal time to acquire new equipment.
Acquiring new equipment can be a challenging proposition. One important consideration is timing the acquisition to maximize the tax benefits. Some of these benefits may require action before the end of a calendar year. Financing options such as a tax lease give shops a variety of strategies for making crucial decisions late in the game. This article by a finance professional highlights key aspects of these options and shows why the fourth quarter is an ideal time to acquire new equipment.
