Section 179 covers tangible property such as machinery, equipment, computers, and certain off-the-shelf software “acquired by purchase” for use in the active conduct of your trade or business.

Section 179 keeps dollars in your wallet. Here’s what you need to know for 2026.

Few seasons pressure businesses quite like the end of the year. It's a time when many companies make a final push to meet annual goals and it's often filled with customer interactions and new work. On ...

As we approach the fourth quarter of the year, you can feel it in the air. And I’m not talking about the cool crispness or pumpkin spice everything. Nope, I’m talking about what savvy business owners ...

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, ...

For many companies, purchasing equipment in December is a yearly event. This is due to construction companies trying to reduce their tax burden by making equipment purchases they can write off using ...

The Section 179 deduction, which allows small businesses to deduct up front rather than depreciate over time the cost of certain kinds of equipment, has nearly doubled for 2008, rising to $250,000 ...

DEPRECIATION OF LUXURY CARS requires careful analysis due to recent tax law changes. OPTIMIZATION OF LUXURY-VEHICLE DEPRECIATION demands thoughtful analysis of the IRC section 179 expense allowance, ...