So I am thinking of adding a second Tuckmount and a second truck/trailer for backup and to maybe run a employee in the summer time. If I purchase this before 12/31/2017 then can I do accelerated deprecation and deduct the entire amount off the taxable income? If so I am thinking upgrading equipment may be beneficial to keeping the taxman out of my wallet. what are your all thoughts on this and how are you all not getting killed by the taxman?
thank you.