Section 179 is a provision of the IRS tax code that allows businesses to deduct the full purchase price of qualifying equipment in the year it’s purchased and put into service.
Small Business Deductions
7 Smart Moves for Small Business Owners to Minimize Tax Liabilities
Don’t wait until next year to contact us about this year’s taxes. The time-sensitive suggestions in this article are critical milestones for your business’s profitability and minimizing tax liabilities.
Tax Deductibility of Employer Contributions: Retirement and Healthcare Plans
Understanding the tax benefits of employer contributions to employee healthcare and retirement plans is essential for any business.
Maximize Your Refund: Overlooked Deductions and Credits You Should Claim
Deductions and credits are two terms that are commonly misused. Both can minimize your tax liability, but they are separate concepts. As an individual or business owner, you need to understand those differences.
How Will New Federal Financial Policies Affect Your Small Business in 2025?
Federal policies change every year, the new administration has big policy changes planned that may affect your small business.
What to Do with the 2018 Tax Law Changes – Businesses
(read more at The Motley Fool) Major changes to the US tax law (the biggest changes in 30 years) came through by the US Congress, which means it’s time to re-strategize with your tax planner. The most dramatic changes occurred on the corporate side of the law, so ensure your business is doing everything it […]
