Category Archives: Section 179 Deduction

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

Why July is a Great Time to Finance Equipment

Happy summer, everyone. Here we are in July, and yes, it’s a great time to finance equipment (leasing too). Let’s see why: Let me start with vacation. Summertime, and July in particular, are big time vacation months. The sun is shining everywhere, the kids are out of school, and there’s a nice little July 4th Holiday to work… Read More »

You Still Have Time for Section 179

Here it is, the last call for Section 179. As long as you buy the equipment and put it into service by midnight 12/31/2016, you’re in for that fat Section 179 deduction for 2016. As you likely know, the Section 179 Deduction was raised to $500,000. And it’s generally good for most capital equipment. This means for most… Read More »

The Section 179 Time Machine

Despite the title, this isn’t a science fiction story. It’s based in reality, and is aimed at business owners and managers who are putting off purchasing new (or new to them) equipment until they hear that the Section 179 limit has been raised. To them, I say “If the equipment matters to your bottom line, then don’t wait.”… Read More »

Why Sign Financing Matters

Financing signs (or financing signage, for those who want to get official sounding), is one of the more common aspects of equipment financing. And to be honest, in my eyes, it’s a very smart use of credit, especially for small and medium businesses. The reason it’s a smart use of credit ties to the (lack of) immediate return… Read More »

Equipment Financing and Section 179 – the Profit Equation

This is a topic I have previously touched on, but it’s worth repeating at least once a year, because every time I mention it to businesspeople at a party or social gathering, they are almost always amazed. It’s fairly simple in general – if you combine equipment financing / equipment leasing with Section 179, you can actually buy… Read More »