Section 179 expensing, bonus depreciation, and standard depreciation schedules, applied correctly to the equipment-heavy balance sheet every landscaping business carries.
Landscaping businesses tend to carry a lot of depreciable property relative to their revenue: mowers, trimmers, trucks, trailers, skid steers, and more. Getting the depreciation treatment right on these purchases has a meaningful effect on your tax bill in the year you buy and in future years.
We review every equipment and vehicle purchase and determine whether Section 179 expensing, bonus depreciation, or standard depreciation makes the most sense given your income for the year, rather than defaulting to whatever a tax program suggests automatically.
Section 179 lets you expense qualifying equipment in the year of purchase rather than depreciating it over several years, but taking the full deduction isn't always optimal depending on your income and future plans. This decision deserves actual analysis, not a default checkbox.
Before or after a major equipment or vehicle purchase, we review the numbers to determine the optimal depreciation treatment for your situation.
We help you set up the mileage and use documentation needed to support vehicle deductions if the IRS ever asks.
Each year we reconcile your depreciation schedule against actual equipment on hand, sold, or traded in.
This service is available remotely to landscaping businesses nationwide. Here are a few states with specific considerations worth reading.
Not always, if you're in a lower-income year, spreading the deduction over time via standard depreciation might save you more in total taxes than expensing it all immediately. We run the comparison for your specific numbers, current-year limits and rules should be confirmed with us before filing.
We help you set up mileage tracking to substantiate the business-use percentage, which determines how much of the vehicle's cost and operating expenses are deductible.
Trade-ins have specific tax treatment that affects your basis in the new equipment. We handle this calculation as part of your annual depreciation reconciliation.
Book a free 30-minute review. We'll look at your current setup and tell you exactly what we'd change.
No obligation. 30 minutes. Specific to your business.