Tax Tips and Common Questions [E008]

TaxTips and Common Questions. This week Hunt discusses some of the most commonquestions and issues that come up during tax season.•What is an extension and why do you file one? Is it the right move or are youcosting yourself money?• What is Section 179 Expense? When should you use it and what can qualify for accelerated depreciation?• What are tax brackets and how is different kinds of income taxed?• How do your distributions get taxed from your business and do your distributions even effect your taxes?The Show is sponsored by:Shop-Ware on the web at getshopware.comNAPA Auto Care at https://www.napaonline.com/en/auto-careHunt Demarest, CPAPaar Melis and Associates – Accountants Specializing in Automotive RepairVisit us Online : www.paarmelis.comEmail Hunt: [email protected] a copy of my Book : Download Here