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The 2023 Tax Deduction Cheat Sheet

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It’s possible to deduct depreciation as well, and this applies to furniture, equipment, and any other business asset that loses its value over time. There are a few different ways to calculate depreciation, and you’ll want to review options with your accountant to see which one is best for you this year. Depreciation costs.

Insurance 105
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The Best Accounting Platforms for a Growing Business

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If your team is currently burdened by the following, it may be time for an upgrade: Too many accounting tasks. Long accounts receivable, or payment, wait times. Even longer account payable timelines. Frequent duplicate payments and accounting errors. No accounting strategy. Fixed asset management.