Today’s economy is creating challenges for many small businesses. Many things seem to be changing quickly. But one important thing has not changed: Section 179 of the IRS Tax Code. When small ...

After the Commercial Clean Vehicle Credit (Section 45W) expired on September 30, the “experts” rushed out predictions of an EV sales slowdown in Q4. But, with over 6,800 pages in the Internal Revenue ...

A bipartisan deal between leaders of the House and Senate tax-writing committees would raise limits on the Section 179 expensing provision that is popular with farmers. The deal also would restore a ...

Section 179 gets a $30,000 increase, and keep your eye on bonus depreciation, too. In what’s sure to be welcome news for ...

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 2023 calendar year. Tax Code 179, ...

With monthly fluctuations in the market from policies such as tariffs, Section 179 expensing can help businesses capture IT savings for purchases such as servers, desktops, software, IT services and ...

IMPORTANT MESSAGE TO ALL CAR PRO SHOW LISTENERS FROM JERRY REYNOLDS, THE CAR PRO: Friends, we have been publishing the latest rules and eligible vehicles list for Tax Code 179 for over a decade. Many ...