We were recently having a conversation with a business owner who is actively “looking for ways to spend down money” in 2019. “Otherwise, I’m going to get killed in taxes”, he says. This is a relatively common situation. You’ve had a great year. You’ve maxed out retirement plans. You’ve maxed out employee profit sharing. But you’d still like to spend some money before December 31.
Did you know that signage is considered a capital improvement? Many business owners meet with their CPA toward the end of the year to discuss profit and tax planning. The CPA will often advise that, if they are planning any capital improvements or large purchases, this is the time to do it, as it will go on this year’s tax return. People usually think about vehicles, computers, or other equipment. But they don’t often think about signage. If you have been considering new signage, whether it’s indoor, outdoor, or vehicle wrapping, you may want to act on this before the end of December. The work does not need to be completed in December for you to take advantage of the capital spend. This is the perfect time of year to make the commitment to finally get new signs done to help boost your visibility and image, as well as save yourself a few dollars in taxes.
You still have a month to go. If you’ve been considering this for a while but haven’t taken any action, call us today to get the ball rolling. We’ll help you enhance your brand image and avoid some taxation at the same time.
We’re here to advise and assist you. We’re experts in every type of signage.
New signs and vehicle wrapping will enhance your brand image and make you more visible. This is the perfect time of year to make the decision.
Be sure to keep checking back for more articles on the importance of business branding from G-Force Signs and Graphics; serving South Windsor CT and the surrounding areas.
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Give us a call today and let G-Force Signs and Graphics in South Windsor, CT to find an affordable option for your outdoor sign and marketing needs today!