For 2025, these autos have a Section 179 tax deduction limit of $12,200 in the first year they are used. In fact, if the ...

Is your business expecting a very profitable year, knowing you will have a painful income tax debt to pay next April? Do you have plans to purchase some equipment within the next six months? If so, ...

After a day of senatorial stubbornness and political tussling, the Senate now seems willing to vote on a bill that would extend the Section 179 tax deduction through Dec. 31 of this year and expand it ...

Now here’s something that doesn’t happen very often, especially lately: The Feds recently passed legislation that actually benefits small and medium businesses. H.R. 5297, known as the “Small Business ...

Today’s economy is creating challenges for many small businesses. Many things seem to be changing quickly. But one important thing has not changed: Section 179 of the IRS Tax Code. When small ...

TULSA, Okla., Dec. 7, 2020 /PRNewswire/ -- Often perceived as a complicated tax code, Section 179 deductions are more straight forward than most businesses realize. Under Section 179 of the IRS tax ...

With strong increases in jobs, wages, and output, small businesses deserve much of the credit for America’s economic growth in 2018. Small business productivity accounts for over half our nation’s ...

Today’s economy is creating challenges for many small businesses. Many things seem to be changing quickly. But one important thing has not changed: Section 179 of the IRS Tax Code. When small ...