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If eligible, you can elect to use Section 179 expensing or bonus depreciation to deduct a large portion of the cost (and in some cases the full cost) of eligible property in the year it’s placed in service. Alternatively, you may follow regular depreciation rules and spread deductions over several years or decades, depending on … Read More

Reliable Nonprofit Tax Preparation Services Whether you’re a foundation or association stakeholder, tax season can prove especially challenging for nonprofits. If you’re looking for a tax partner to help you take advantage of tax season while reducing costly mistakes, you can rely on Peters Bandura, LLC. Our firm is privileged to offer efficient Birmingham nonprofit … Read More