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Year-End Liquidation: Why Selling at Auction Before December 31 Can Save You Money

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Posted On: November 3, 2025 by Backes Auctioneers in: Auctions

As the final quarter of the year unfolds, businesses across Iowa and the Midwest are reviewing their financials and preparing for tax season. For many, this is a critical time to make decisions that can influence profitability, tax obligations, and operational efficiency heading into the new year. One strategy that’s often overlooked? Liquidating unused equipment and assets before December 31. Whether it’s restaurant equipment sitting idle, surplus inventory taking up valuable space, or machinery that’s no longer part of your workflow, selling these items at auction before the year ends can lead to real financial benefits. Backes Auctioneers, we’ve helped thousands of businesses turn unused assets into cash quickly and efficiently. Our trusted team and streamlined process make year-end liquidation simple and profitable. The Financial Advantages of Selling Before December 31 Lower Your Taxable Income The IRS uses the calendar year to determine taxable

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