Tag Archives: section 179

Why Drilling Rig Financing Matters

Let’s dig deep for this post. Ok, I couldn’t resist… but drilling rig financing truly does matter, and not just because I could get away with a groin-inducing joke to lead off this piece. It matters because these machines are not only impressive to look at, but they also come in all kinds of sizes, shapes, and configurations… 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 »

Section 179 and Equipment Financing (a marriage made in heaven)

I’ve talked about the beautiful combination of Equipment Financing and Section 179 previously in my blog, but to save you the trouble of searching, I’d just as soon write about it again. Truthfully, just thinking about this make my heart go pitter-patter (they say in springtime, a young man’s fancy turns to love. But in my world, a… Read More »

Section 179 –Quarter Two

So here we are, well into the second quarter of 2013. Have you thought about Section 179 yet? You definitely should – here’s why. Like I mentioned back in January, Section 179 got a nice boost this year. It was shaping up to be a pretty lousy year for Section 179, with a measly $25,000 deduction (it’s funny… Read More »

Hurry up and wait Part 3 (is it really better to wait?)

I’ve been talking recently about how companies tend to wait until some arbitrary date / time period to purchase / finance new equipment. The reasons are varied – from “use it or lose it” budgets to putting expenses on last month’s / last quarter’s report to making a grouchy accountant less grouchy, and so on. One thing is… Read More »