As year end gets closer, we often hear business owners ask whether they should make purchases before December 31 to get the tax deduction. We have helped clients look at their numbers before making these decisions because spending money just to get a deduction does not automatically make it a smart business purchase. Before you start buying new equipment, software, or office furniture, here are a few things to consider.

Q4 can sneak up quickly. We’ve helped business owners use their bookkeeping and financial reports to see what is working, what needs attention, and where to focus before year end. You still have time to make meaningful changes before the year is over.