Category Archives: Section 179 Deduction

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

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 »

Section 179 Roller Coaster Blues

Ok, I know I just posted on Section 179 a few weeks ago, but it’s worth talking about again. Because even though I’m a little kid at heart and like roller coasters, I’m a little tired of this one. In short, the 11th hour raises of Section 179 are great for members of congress to point to and… Read More »

Section 179 for 2015

Happy New Year, everyone! Whew, that was some end to 2014, wasn’t it? But before we take a look at Section 179 for 2015, let’s recap 2014 a bit in regards to our favorite small business tax deduction. For most of the year, Section 179 sat at a maximum deduction of $25,000. I posted about it several times,… Read More »