In what’s sure to be welcome news for small and midsize companies, the Section 179 tax deduction has been increased by $30,000 for 2025. The total deduction is now $1.25 million. In addition, the ...

Section 179 is a federal rule intended to help small and medium-sized businesses by allowing them to receive specific tax benefits sooner if they choose to do so. If you purchase assets for your ...

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 ...

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 ...