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Here are 5 year-end tax moves each small-business owner should consider … right now!

Most small businesses can now take a little over $1 million as an immediate deduction for purchases such as new and used equipment, machinery, software and hardware.

In this Oct. 28, 2017, file photo, the storefront window of a portrait studio is lit up along a downtown street at dusk in Lumberton, N.C. With a little over one month to go in 2019, small business owners should think about purchases or investments that make good business sense and will give them a break on their taxes. (AP Photo/David Goldman, File)
In this Oct. 28, 2017, file photo, the storefront window of a portrait studio is lit up along a downtown street at dusk in Lumberton, N.C. With a little over one month to go in 2019, small business owners should think about purchases or investments that make good business sense and will give them a break on their taxes. (AP Photo/David Goldman, File)Read moreDavid Goldman / AP