I’m on a bit of a Section 179 kick as of late, and wanted to mention something I’m sure I’ve talked about before, but it bears repeating: Section 179 can be used by any type or size business. Section 179 doesn’t care if you’re a sole proprietor, a partnership, or a corporation. It doesn’t care if you’re on… Read More »
We’ve officially hit summer in 2021, and that can only mean one thing – Section 179 financing! Ok, that’s probably not what sprang to your mind, but that’s fine. You can have whatever you thought of (vacation, swimming pools, baseball, whatever) and still take advantage of Section 179. There’s a reason why right now is a great time… Read More »
My last post was about used equipment, and how there’s an advantage to getting the equipment now (as opposed to supply chain slowdowns making you wait.) I even mentioned financing used equipment, and also went a step further and added in that we finance private party deals (aka user to user, or in simpler terms, buying a used… Read More »
** 4th Quarter 2021 update: I wrote this post in May, and boy did it come true. The good news is by reading this now, you still have a decent amount of time to get your Section 179 purchase financed, delivered, and put into service. But definitely act now. In 2021, you need to pay close attention to… Read More »
In my last post, I went over book accounting and tax accounting. Now let’s take a look at how each views leasing. The first point I want to make is the one overriding factor that any business needs to determine is their goals for a lease first, then they should choose a lease that best meets their needs.… Read More »