The section 179 deduction allows a small business to take a tax deduction for the entire cost of certain property and equipment in the year it buys that property. That produces a larger, more ...

DEPRECIATION OF LUXURY CARS requires careful analysis due to recent tax law changes. OPTIMIZATION OF LUXURY-VEHICLE DEPRECIATION demands thoughtful analysis of the IRC section 179 expense allowance, ...

Wylie Wong is a freelance journalist who specializes in business, technology and sports. He is a regular contributor to the CDW family of technology magazines. For business owner Ric Lee, taking ...

Buying equipment for your lawn business is different from buying supplies like fertilizer and fuel. Whereas supplies have a short-term life and are treated as expenses, the equipment you buy should ...

Get the latest update on Section 179, which lets companies deduct their hardware and software purchases for 2016, 2017 and beyond. Wylie Wong is a freelance journalist who specializes in business, ...

In what’s sure to be welcome news for small and midsize companies, the Section 179 tax deduction has been increased by $30,000 for 2025. The total deduction is now $1.25 million. In addition, the ...