For short-term rental businesses, Section 179 can include items such as furniture, appliances, and equipment used in the rental property.
Form 3468 is used to claim the Federal Investment Tax Credit (ITC) for solar energy systems and the Business Energy Investment Tax Credit (ITC-BE) for batteries purchased and installed...
This article will highlight the 10 most common tax deductible expenses a business, no matter the industry, may incur at some point during the financial period.