Section 179
3 articles
Tax Planning
Contractor Equipment Depreciation: How to Deduct $500K in the Year You Buy It
Contractors who understand Section 179 and bonus depreciation can write off hundreds of thousands in equipment the year they buy it. Here's exactly how it works and what qualifies.
Tax Planning
Section 179 vs. Bonus Depreciation: Which Tax Strategy Saves You More?
Section 179 and bonus depreciation both let you deduct equipment costs immediately, but the rules differ significantly. Learn which strategy saves your business the most in taxes.
Tax Planning
Dental Equipment Tax Strategy: How to Turn a $200K Equipment Purchase Into a $70K Tax Break
Learn how dental practices use Section 179 and bonus depreciation to convert major equipment purchases into immediate tax deductions worth tens of thousands of dollars.