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 ...

For the last several years, a favorite number of many businesses (particularly farmers) has been 179. Number 179 represents Section 179 of the Internal Revenue Code. Typically, a business may have ...

The money you spend on your office can save money on taxes. The Internal Revenue Service allows you to deduct office expenses from your business income before calculating taxes. In a busy office, you ...

With the large increase of Section 179 deduction for 2010 and 2011 to $500,000 and 50% bonus depreciation on new assets in 2010 and possibly 100% in 2011, it is now even more important for your tax ...

Below is our annual guide to Tax Code Section 179 for self-employed and business owners who buy a vehicle. This guide encompasses qualifying vehicles purchased in the 2025 calendar year for the ...