Tag Archives: tax deduction

Did you miss Section 179? Well, don’t miss it again

I know, I know, I harp on Section 179 all the time. I tell you to take advantage of it, or you may miss out. You read that so much here, you must think I’m a broken record (insert joke again about nobody knowing what that will mean in a few years…) But seriously, I say it all… Read More »

The difference between a tax deduction and a tax credit

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 »