I’m afraid we delve into politics again, my friends (I’m sorry, I just seemed to have heard this statement a lot.) And I have to admit, I’m a little riled up. As you know, I’m a champion of Section 179 and I think it’s the best tax incentive for small business of all time. And I love… Read More »
So let’s pretend I’m sitting up there with the presidential debate moderators. Or, if you have a hard time picturing me there, pretend I snuck in (this is far more likely) and get picked to ask a question for Barack Obama and John McCain to debate. What would it be? Perhaps some intricate question on the socioeconomic challenges… Read More »
I’m going to do this every so often because I feel so strongly about it. Here’s another reminder that THIS year is THE year to take advantage of Section 179. For those who don’t know, I’ll recap Section 179 a bit essentially. It’s a small and medium business tax deduction meant to spur equipment purchases by these businesses.… Read More »
Those who know me know I’m not very political and I tend to look at politics and the like from a distance. I think being in the equipment finance industry makes me that way: When times are good, companies finance equipment. When times are bad, other companies finance equipment. When republicans are in office, certain companies think their… Read More »
There were big changes last week in section 179 of the US Tax code. If you recall, that’s the Hummer tax break that I wrote about here. Essentially, it allows a business to buy equipment and write off the entire amount (up to certain limits.) Well, last week, the Economic Stimulus Act of 2008 went into effect. You… Read More »