Business expenses are a normal part of your day-to-day operations, but did you know you can write off major building work as a business expense? If your building needs a new roof to stay in operation, there are tax benefits available to you. JCJ Services LLC can help you understand the benefits that apply to your property during your commercial roofing installation.
If it's time to put a new roof on your building in East Hartford or Windsor, CT, contact us now to set up commercial roofing installation services.
Under Section 179 of the IRS Tax Code for Roofing Improvements to Commercial Buildings, it's easier for business owners to expense commercial roof repairs or replacement work. This change in tax law expands the qualified property for tax benefits and allows a business owner to expense commercial roof replacements in one year instead of over multiple years. It also expands the expensing limits available to commercial properties.
For more information on expensing your commercial roof repairs, email us today.