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29
Oct
CAPEX, OPEX, and COGS – Oh My!
Posted by Celeste
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  • John

    Where goes
    the border between corporate tax planning and tax fraud, or is it constantly moving as laws are
    changing?

    • Celeste

      Thanks for your question, John! Tax laws are constantly changing and it s very important to have a tax planning accountant as part of your financial team. There are different deduction allowances for different types of equipment and as always every situation is different, so what may have been a legal deduction for one business situation may be disallowed for another. Remember: It is cheaper to hire an accountant ahead of time to assist you with your tax planning than to hire a lawyer after the fact to assist you in your defense.

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