Writing It All Off After The Tax Cuts and Jobs Act
August 2018 by Mark E. Battersby
While many prospecting or mining operations don’t have sufficient profits to benefit from accelerated write-offs or even the full 100% “bonus” depreciation write-off, other options can be equally rewarding.
While present official numbers remain quiescent at below 2%, we strongly believe the seeds of future inflation have now been laid via virtually unlimited currency creation by various central banks around the globe.
While a great many questions remain unanswered, there is little doubt that a new financing option for small-scale mining operations, “crowdfunding,” is growing as a viable and legitimate funding source.
...an entity that is a partnership or limited liability company under the laws of the state in which it is formed may elect to be taxed as a regular C-corporation or as an S-corporation under the check-the-box rules.
Somehow, we received the impression from these two gatherings and from other conversations that bureaucrats in general are simply not aware of how difficult it is to raise capital to finance mining operations and how important it is for newer companies to show true progress in order to receive further financing.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts - What are these thin brittle sheets with reddish powder? • Ask The Experts - Are custom mills available for titanium and tungsten? • Ask The Experts - What assay value is needed for cobalt deposits? • Ask The Experts - What do you think is the source of gold in this area of Ireland? • Annual Claim Filings Due • Highbanking for Gold • Gold Placers in Italy • Critical Minerals: Titanium—Part II • Detector Brings New Life to An Old Lode Mine • The Batteries Metal Rush • Blackberries and Gold • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices