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Accounting and Accountability

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  2. Episode 54: Equipment purchased must be in use before year end for tax credit.

Episode 54: Equipment purchased must be in use before year end for tax credit.

Nov 18, 2022

In this episode:

  • The many benefits of having an HSA (Health Savings Account).
  • Equipment purchased prior to year end must be placed in service prior to January 1, 2023 to be a tax benefit. 
  • The IRS still has a substantial backlog.  If you haven't filed yet, you should do so immediately to avoid filing a paper return. 

We also hear from Keith Irwin at Old World Breads Bakery in Lewes, Delaware.   Hear about his amazing history in the culinary industry, his family run business, the ups and downs of running a business, and most important THANKSGIVING PIE ORDERS!!!