Small business and tax expert, Ebong Eka shares the number one deduction Ebong sees entrepreneurs miss out on and what you can do to take it. The first thing Ebong asks any small business owner looking for advice on tax deductions: “Have you taken depreciation for the assets you’ve purchased?” Every year you are leaving money on the table by not taking depreciation. In this video Ebong details easy ways to make sure you’re taking advantage of this tax deduction. Tweet @ebongeka for questions or comments.
Ebong is the founder of EKAnomics, a sales, pricing and leadership firm. He is also the founder of Ericorp Consulting, Inc., a tax and management consulting firm. Ebong is the author of “Start Me Up! The-No-Business-Plan, Business Plan.”
Bank of America, N.A. engages with Ebong Eka to provide informational materials for your discussion or review purposes only. Ebong Eka is a registered trademark, used pursuant to license. The third parties within articles are used under license from Ebong Eka. Consult your financial, legal and accounting advisors, as neither Bank of America, its affiliates, nor their employees provide legal, accounting and tax advice.
Bank of America, N.A. Member FDIC. ©2017 Bank of America Corporation