Episode 54: Equipment purchased must be in use before year end for tax credit.
Accounting and Accountability
English - November 18, 2022 19:24 - 35 minutes - 32 MB - ★★★★★ - 9 ratingsBusiness News News Business Management whitecollarcrime businessnews crimedrama irsupdates taxdeductions Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Episode 53: Tax Planning Tips for Heading into 2023
Next Episode: Episode 55: New 3rd Party Payment Filing Requirements
In this episode:
The many benefits of having an HSA (Health Savings Account). Equipment purchased prior to year end must be placed in service prior to January 1, 2023 to be a tax benefit. The IRS still has a substantial backlog. If you haven't filed yet, you should do so immediately to avoid filing a paper return.We also hear from Keith Irwin at Old World Breads Bakery in Lewes, Delaware. Hear about his amazing history in the culinary industry, his family run business, the ups and downs of running a business, and most important THANKSGIVING PIE ORDERS!!!