Section 179 is still quiet – for now

Here we are in the third quarter of 2014, and Section 179 is still sitting where it was at the beginning of the year. Most years, this wouldn’t be news, but in terms of the dollar amount of the tax deduction, Section 179 is fairly low right now. And even though we are in quarter 3, I do… Read More »

theLeaseGuy

One more thing on vehicle leasing – a funny phone call we received

Being in the equipment financing business, we get a ton of interesting phone calls. And one we got last week qualifies as interesting, and also because I’ve been blogging a lot about automobile leasing, fits perfectly into a blog post. To first set the stage, I was recently discussing vehicle leasing and financing and similar, and what type… Read More »

theLeaseGuy

The “hummer” tax break

It’s funny – all this time I’ve been writing about Section 179 and equipment financing, and I never really explained why Section 179 is sometimes referred to as “the Hummer Tax Break” (even though I’ve called it that numerous times here.) Way back in the early 90’s, a civilian version of the military’s “HumVee” was made available. And… Read More »

theLeaseGuy