Category Archives: Section 179 Deduction

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

Using Section 179 Early in the Year

Let’s talk about making Section 179 acquisitions early in the year. Because it’s a great time to take advantage of this excellent tax deduction. I can hear you saying “But Fletch, nobody talks about Section 179 early in the year. In fact, I never even think about it until the fourth quarter when I’m scrambling to get my… Read More »

Fletch’s Wish List 2022

Continuing with what has become a year-end holiday tradition, I’d like to present my wish list for 2022. It’s a little different than the wish list I sent my wife (this one doesn’t include the new Jimi Hendrix live album, although maybe it should!), but this list is definitely what I’d like to see industry and economy-wise. First… Read More »

Section 179 Summer 2022

Shall we check in on Section 179 now that we’re past the midpoint of 2022?  Honestly, I feel bad for Section 179, because all I’m seeing in the news is inflation and rates. I hear about how everything costs more. But I never hear about the single best business incentive ever invented: our friend Section 179. But it’s… Read More »

TVM and Section 179

Quick question: If I offered you one of three choices: $5,000 cash right now, $5,000 in a few years, or $1,000 a year for five years, which would you take?  Most of you would say $5,000 right now, which is the correct answer. There are a lot of reasons why most people feel this is the correct answer.… Read More »

Reasons to Finance Equipment in 2022 – Section 179

One more reason to finance equipment in 2022 is my old favorite, Section 179. It makes more sense than ever to take advantage of Section 179. All you have to do is read my past few blog posts – there you find talk of rate increases, record inflation, increased lead times, and even used equipment costing more.  All… Read More »