Category Archives: Section 179 Deduction

One of the few tax deductions that really work for small business

Using Section 179 to Sell More – Part 1

As you can tell from reading here, I’m pretty excited about Section 179 being raised to one million dollars. It’s a huge boost for companies, and to me, makes complete sense. Because when you allow a full tax deduction for equipment purchases, more companies will buy equipment – it’s really that simple. And that helps everyone – buyers… Read More »

Business Implications of The Tax Cuts and Jobs Act

H.R.1, aka the Tax Cuts and Jobs Act, passed, and it means some sweeping changes for businesses. Now I’m not going to comment on the other aspects of the bill, like Health Care, bracket changes for individuals, how much it means to a family of four, and similar. You can find strong opinions on that everywhere online, with… Read More »

Last Call for Section 179 for 2017

This will be my last post for 2017. And besides wishing you all a great Holiday season and New Year, I also want to point out that the time for using Section 179 for 2017 is growing short. If you want the Section 179 deduction for 2017, you have until midnight, 12/31/2017 to buy and have the equipment… Read More »

Why December is a Great Time to Finance Equipment

Here we are, in December. I wrote a “when is the best time of year to finance equipment” for every month, and looking back, it interests me to see that yes, every month has merit, and the reasons change. And for a lot of companies, December is the best equipment financing month. Here’s why. Section 179 is really… Read More »

Breaking News: Rate Increases for 2018

I just read an interesting blurb about Goldman Sachs predicting no less than FOUR (4!) Federal interest rate increases in 2018. This is one more than the three increases most other Wall Street firms predict. So who’s right? I say “who cares?” Whether it’s three hikes, four hikes, five hikes, or even just two hikes, the fact is… Read More »