You may not have heard of depreciation before, but if you are going to use any asset in your business which can be expected to last more than 1 year (i.e. desk, chair, computer, building, truck, equipment, etc....), then you need to understand what depreciation is. In fact, if you structure it properly, accelerated depreciation can really save a lot of taxes in the first few years of your business. The book answers:

• What is depreciation?
• What are the exceptions to the normal depreciation rules?
• Can I write off $100,000 of equipment purchases under Code Section 179?
  
  

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