Long ago, in 1958 Congress passed one of its many laws making “technical corrections” to the Internal Revenue Code. Mostly, these are truly technical corrections but there are times when substantive ...

Thanks to the Section 179 deduction, you might not have to wait around to depreciate your business’s assets. Many, or all, of the products featured on this page are from our advertising partners who ...

Under the tax laws, business owners are allowed to recover all or part of the cost of certain purchases up to a certain limit by deducting it immediately in the year the property is placed into ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

It looks as if New Hampshire lawmakers agree that businesses should be able to deduct a lot more for their equipment purchases. The only question now appears how much, and whether the state budget can ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Section 179 is a federal rule intended to help small ...

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 ...

BOSTON (CBS) - Normally if you purchase capital equipment for your business, you don't get to expense the total cost of the equipment the year you buy it. You depreciate the equipment over its useful ...

Many small business owners are pleased to learn that a vehicle they purchased for use in their company may qualify for a Section 179 tax deduction. Carefully using Section 179 vehicles can bring tax ...

The NH Senate is backing a fivefold increase on the amount that businesses can deduct up front for equipment purchases. As for business tax credits? The jury’s still out. Senate Bill 77 would increase ...

Under the tax laws, business owners are allowed to recover all or part of the cost of certain purchases up to a certain limit by deducting it immediately in the year the property is placed into ...