Category Archives: Section 179 Deduction

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

Section 179 and Financing – Updated for Autumn 2020

We’re hitting the 4th quarter of the strangest year ever. Yes, 2020 has been a wild ride to say the least, but we’re still here (as are you). So let’s talk about something that’s also still here: Section 179 and equipment financing. I talk about this every year, because I get really excited about it. We’re in that… Read More »

Do Not Miss Your Section 179 Deduction for 2019

This is it. We are into the homestretch for Section 179 for 2019. When the clock strikes midnight on 12/31/2019, that’s it – Section 179 for 2019 is done. Over. Finished.  And you don’t want to miss it. Trust me on this – here’s why: The US Government has given small and medium businesses a HUGE gift with… Read More »

The Easy Way to Think About Section 179

As you know, I write about Section 179 a lot. Because it’s an excellent way for businesses to acquire equipment, and can really save a company a lot of money. But sometimes, I get frustrated with how Section 179 is often presented. I’m a plain-language guy, and once something starts to sound too much like an advanced-level economics… Read More »