Garrett Electronics - trusted by real miners & prospectors!

Magazine

All Articles

The Business of Mines—Consider Your Tax Deductions Now

Uncle Sam, the not-so-silent partner of every miner, dredger and prospector is willing, using our tax laws, to help reduce out-of-pocket expenditures necessary to acquire business assets and property. In addition to the well-known depreciation deduction, however, the tax laws permit tax write-offs for other, less tangible business assets. The best time to explore and lock-in many of these overlooked and misunderstood deductions is now, well before the end of the tax year.

Online access required. Please .

Add a Comment

Additional articles that might interest you...

Ask The Experts: “Energy” coming from black sand?


Q: I have a question/request regarding some black sand left from my Dad’s prospecting days.

I Just Tripped Over A Nugget


I metal detected a number of years before I saw my first nugget peeking out from the dirt before I had scraped or dug for it. This one was in the steep sidewall of a narrow, but deep drywash.

From The Editor


We (finally) have the new version of our website up and running, and it seems to be a hit!

Journeys in the Kingman Quadrangle


This is a story of a bit of our earth, carved by lines of longitude and latitude. There is a deep mystery in this land. The naked mountains speak of long ages of thrusting and rifting—of uplift and erosion. These riddles in the rock defy explanation.

Placer Mining in Canada's Yukon Territory


Frank Taylor’s family has been mining in the same area of the Yukon Territory since 1935. He’s been working his current placer operation on Duncan Creek near Mayo since 1975.

Mining Stock Quotes and Mineral & Metal Prices


Lamproites and Diamonds


Most prospectors are aware that diamonds are sometimes found in kimberlite, but few are aware that diamonds are also found in another rock type known as lamproite. Lamproite is a very rare volcanic rock that often...

Subscription Required:
The Bawl Mill   • Ask the Experts—Where can I find plans for a home-built suction dredge?   • Ask The Experts—Can you help explain the ratings in Melman On Gold & Silver?   • Recovering Values from Black Sands   • Typhoon Exploration—Junior Mining Company Moves Forward in Quebec   • Kalgoorlie, Australia—Born of Gold   • Colorado Court Rules on Cyanide Ban   • Selling Your Gold—Where To Start   • Exploration, Development and Taxes   • US v. Donald Eno—IBLA Rules in Favor of Miner   • Miners Clean Washington Rivers and Streams   • Melman on Gold & Silver   • Mining Stock Quotes, Mineral & Metal Prices   • Looking Back

Free:
Legislative and Regulatory Update

Advertisements

Precious Metals Recovery plants and equipment
Fighting to keep public lands open to the public
Specializing in the processing of precious metal ores!
Watch prospecting shows on your computer right now
Free Online Sample Issue