Ok, it’s been awhile – I can talk about Section 179 again. Because it’s back, baby!! Just this week, congress passed a job-creation / tax cuts bill that’s aimed at rewarding businesses who hire new people. Called The Hiring Incentives to Restore Employment Act (or HIRE – clever, huh?), it seeks to give tax breaks (in the form… Read More »
As the holidays loom closer, and we wind the year down, I want to give business owners yet another reminder that Section 179 is something that should be definitely on their minds/calendars. Especially since the economy has shown signs of life. In fact, I would wager that if new (or even used) equipment is something your business can… Read More »
I’ll never forget my first experience with Section 179. It was well over a decade ago, back before I started on the equipment financing path I’m now on. In fact, back then, I worked a variety of jobs as I figured out what to do with my life (my wife says I’m still figuring it out, but she’s… Read More »
This post is about equipment finances and taxes, but it’s probably not in the way you think. See, usually when I write about something like this, it’s about the tax advantages of leasing equipment, or maybe about leasing tax write offs, or some other issue about taxes and leasing. But not this time – this is a little… Read More »
Although most small business people are skeptical anyone other than the major banks, automakers, and the lucky few special interest groups will get much benefit from the massive spending proposed in the Economic Stimulus Bill of 2009 – there is at least one very bright spot! Increased Section 179 limits expected to be extended thru 12-31-2009 The increased… Read More »