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 ...

Buying equipment for your lawn business is different from buying supplies like fertilizer and fuel. Whereas supplies have a short-term life and are treated as expenses, the equipment you buy should ...

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 ...

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 ...

Year after year, Section 179 is still the easiest and best way to save big on your taxes. There are a few constants in the small-business world every fall: pumpkin spice everything, a sudden panic ...

Section 179 expensing can be a very powerful tax-planning tool for small- and medium-sized businesses acquiring capital assets. While it doesn't change the amount of depreciation you can take over the ...

Wylie Wong is a freelance journalist who specializes in business, technology and sports. He is a regular contributor to the CDW family of technology magazines. For business owner Ric Lee, taking ...

The Section 179 deduction limit for 2022 was raised to $1,080,000 with an equipment spending cap phasing out beginning at $2,700,000. It can be used for new and used equipment. “So with the Section ...

Along with lowering rates on businesses, the Tax Cut and Jobs Act of 2017 increases the Section 179 deduction, which covers hardware and software purchases. Wylie Wong is a freelance journalist who ...

Yes, talking about taxes and deductions is about as appealing as a dentist appointment, but in this case, I promise it will be more pleasant. Because this tax deduction can involve a significant chunk ...

This valuable tax deduction is available for businesses of all sizes. 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 ...

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 ...