The bonus depreciation phase-out may impact manufacturers who regularly make large-ticket capital equipment purchases and have relied on bonus depreciation to lower their taxes. For the last five ...

Friends, we have been publishing the latest rules and eligible vehicles list for Tax Code 179 for over a decade. I encourage you to reach out to one of our Certified Car Pro Dealers at a CarPro ...

The woman was take to a hospital with a non-life-threatening injury. Tax Code 179, the special deduction to write off equipment in the year purchased, was extended permanently in 2015 legislation.

Artis Wiliams of Cat Trucking, a small fleet, in Jackson, Miss., inspects a truck at an auction in Mississippi. Used equipment qualifies for Section 179 depreciation, but not for the new bonus ...

100% bonus depreciation is scheduled to drop to 80% bonus depreciation starting in 2023. Certain long-term assets have an extra year (such as orchard plantings). Bonus will drop by 20% each year ...

Wylie Wong is a freelance journalist who specializes in business, technology and sports. He is a regular contributor to the CDW family of technology magazines. For business owner Ric Lee, taking ...

One of the more robust tax incentives over the past several years has been Bonus Depreciation. This tax provision allowed companies to accelerate depreciation on purchased equipment to the year it was ...

A reliable tactic for financing equipment purchases is being phased out this year. What does it mean – and what strategy should your business pursue to maximize value and minimize risk in 2023 and ...

DEPRECIATION OF LUXURY CARS requires careful analysis due to recent tax law changes. OPTIMIZATION OF LUXURY-VEHICLE DEPRECIATION demands thoughtful analysis of the IRC section 179 expense allowance, ...

When you claim depreciation, it reduces your tax liability by reducing your taxable net income. Although paying less in taxes is usually desirable, there are times that you might want to avoid having ...

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 ...