With stats ranging from 50% to 80% of new businesses failing in the first 5 years, how can you increase your chance of survival? Having worked in commercial equipment finance for many years, I have sorted through my fair share of start-up applications. Imagine, if you will, a mountainous eyesore of unprepared hobbyists who are willing to risk… Read More »
First off, I owe you a bit of an apology if the title of my post on Section 179 Deductions came across as a bit of a teaser. It’s intended to spark a little interest and questions, primarily about the types of equipment that qualify for this deduction. I truly appreciate your curiosity and engagement, and I’m here… Read More »
Hello there! Let’s make your day a bit brighter by discussing a very special part of the US IRS Tax Code, Section 179. Yes, you read that right – tax code can be exciting, especially when it benefits your business! No need to go hunting for sections 1 through 178, we’ve got what you need right here. Welcome… Read More »
One evening, a memorable exchange with a friend’s 5-year-old daughter set me on a path of self-reflection: “To whom am I speaking?” she asked. This brought me to an essential question – who am I in the professional sphere, particularly in equipment financing? More importantly, why does it matter to you? Let’s break this down: I am a… Read More »
Hey there, folks! I recently stumbled upon an insightful blog post that shed some light on the magic of Section 179 in the IRS Tax Code, especially in the world of copier machine sales. Intriguing, isn’t it? First off, a big shoutout to the original author for reminding us of the power and “urgency” that Section 179 brings… Read More »