At Bullock, Garner, & Leslie we spend all year preparing for tax season. As 2013 comes to a close, we bring you the last installment of our 6-part series on tax deductions expiring in 2013. We’ll help you take advantage of them while you can!
We wind up the series with some important provisions that aren’t expiring, but are significantly changing. Those provisions that are changing include:
- The tax credit for alternative fuel vehicle refueling property
- The Sec. 170(e)(3) donation of food inventory deduction
- The monthly exclusion for transit passes and vanpooling
- The Sec. 374(d)(7) S corp built-in gains provision
- The Sec. 1367(a)(2) S corp shareholder basis adjustment for charitable contributions provision
Be sure to plan ahead for major 2014 tax changes or let Bullock, Garner, & Leslie, your Melbourne CPA firm, chart your 2014 tax strategy for you. We’re experienced and focused on results! Despite the tax code changes coming in 2014, we’re sure your business’s best years are ahead!