Under the tax laws, business owners are allowed to recover all or part of the cost of certain purchases up to a certain limit by deducting it immediately in the year the property is placed into ...

BOSTON (CBS) - Normally if you purchase capital equipment for your business, you don't get to expense the total cost of the equipment the year you buy it. You depreciate the equipment over its useful ...

Section 179 gets a $30,000 increase, and keep your eye on bonus depreciation, too. In what’s sure to be welcome news for ...

Below is our annual guide to Tax Code Section 179 for self-employed and business owners who buy a vehicle. This guide encompasses qualifying vehicles purchased in the 2025 calendar year for the ...

With monthly fluctuations in the market from policies such as tariffs, Section 179 expensing can help businesses capture IT savings for purchases such as servers, desktops, software, IT services and ...

The federal government has extended a tax deduction that lets small businesses expense technology purchases. The Hiring Incentives to Restore Employment (HIRE) Act, passed by Congress and signed into ...

There are a few constants in the small-business world every fall: pumpkin spice everything, a sudden panic about Q4 goals, and that wonderful realization that Section 179 is still here, waiting to ...

I am taking an income tax class and am totally confused about Section 179 deduction and special depreciation allowance. Can you shed some light? - Colleen Dear Colleen, If you think depreciation is ...

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 ...