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How to Maximize Your Tax Savings from Trump Election Victory?
Part II
Cost Segregation and Accelerated Depreciation are a huge potential tax savings in a new Trump Administration.
This is Dave Horwedel, CEO of Torchlight Tax.
The Tax Cuts and Jobs Act originally put in Cost Segregation and Accelerated Depreciation at 100% in 2018. This had the POTENTIAL in some cases of ZEROING OUT your taxable W2 income.
By 2024 it had dropped to 60% and in 2025 is slated to drop to 40%.
This is likely to be reverted to 100% in a new Trump Administration.
See our videos “Cost Segregation in 60 Seconds” and “Introduction to Cost Segregation.”
Interested in saving Tax dollars? Contact Torchlight Tax for a free consultation at 877-758-7797 or visit our website and YouTube channel for more tax-saving tips.
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