Holidays in the Northwest are wonderful. But holidays aren't as fun if you're an entrepreneur who hasn't yet finalized your year-end tax strategies. In order to make the holidays and your next return a little less taxing, here are 20 basic tips to discuss with your CPA by Dec. 31: Equipment and capital assets. Under Section 179 of the Internal Revenue Code, most small businesses can deduct a limit of $108,000 toward the cost of new equipment, such as new vehicles. The limit is $25,000 for trucks and SUVs weighing more than 6,000 pounds. Asset purchases can be deducted this year instead of being amortized over the next few years. Actually, if you need a write-off for this year, such an investment for any size vehicle might be worthwhile for you. Excluded are property purchased from a relative, inventory for resale, or real estate....