Tag Archives: buy or lease equipment

The Economic Stimulus Act of 2008 and Section 179

Hello, finance enthusiasts! Last week brought about significant changes to Section 179 of the US Tax Code, often referred to as the “Hummer tax break” in our previous discussions. Just to jog your memory, this provision allows businesses to purchase equipment and write off the entire cost, albeit with certain limits in place. Well, the Economic Stimulus Act… Read More »