Category Archives: Section 179 Deduction

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

How was your year? (another Section 179 post)

2008 was interesting, wasn’t it? We had an historic election, we had $4 a gallon gas (thankfully only for a short time), we had a huge bailout of the financial industry, we had a credit crunch, and the sky fell, too. Ok, the last part is fake, but geez, you’d think the sky fell by watching the news.… Read More »

Get moving on Section 179

  If you’ve read here at all this year, you know that I champion businesses taking advantage of the Section 179 tax deduction. And here in the final few weeks of 2008, I’m going to champion it some more, because there’s scant time left for you to take advantage of this deduction for the current tax year. See,… Read More »

A debate question I'd like to ask the candidates

So let’s pretend I’m sitting up there with the presidential debate moderators. Or, if you have a hard time picturing me there, pretend I snuck in (this is far more likely) and get picked to ask a question for Barack Obama and John McCain to debate. What would it be? Perhaps some intricate question on the socioeconomic challenges… Read More »

Summer is leaving, but Section 179 is heating up

I’m going to do this every so often because I feel so strongly about it. Here’s another reminder that THIS year is THE year to take advantage of Section 179. For those who don’t know, I’ll recap Section 179 a bit essentially. It’s a small and medium business tax deduction meant to spur equipment purchases by these businesses.… Read More »

Mad at the TV (ie: Section 179 is NOT corporate welfare!)

Those who know me know I’m not very political and I tend to look at politics and the like from a distance. I think being in the equipment finance industry makes me that way: When times are good, companies finance equipment. When times are bad, other companies finance equipment. When republicans are in office, certain companies think their… Read More »