I just realized I’ve gone a few months without a Section 179 post, which is rather un-Fletch like. Because as much as I love equipment financing, I really love Section 179 – I think it’s the greatest tool for business since… well… ever, really. I mean, think about it – the government will actually give you back money… Read More »
It’s Tax Day!! One of my favorite days of the year (ok, that officially makes me a little odd, but readers of this blog already expect that – I just get giddy about financing, taxes, and all things Section 179.) So, being that it’s Tax Day, let’s expand on that last point and discuss Section 179. Tax Day… Read More »
I was asked the following question via e-mail the other day: Hey Fletch, Forgive my ignorance, but you keep calling Section 179 a tax deduction, while you called the ITC a “tax credit”. What is the difference (if any)? Good question – a lot of people get confused by this, as they are definitely different. Here’s… Read More »
BIG TIME good news – Section 179 is back, and it’s back with a vengeance!! On September 27th, 2010, HR 5279 (aka The Small Business Jobs and Credit Act of 2010) was passed, and it contained some MAJOR changes in regards to Section 179. In effect, it raised the limits, it brought back an old friend, and it extended… Read More »
Not that congress asked for my assistance or anything, but as an equipment financing guy, I do have my ear to the ground when it comes to the economy. In fact, I’m right there where the rubber meets the road – small to medium sized businesses buying equipment… in fact, you don’t get a much better economic barometer… Read More »