How Section 179 Tax Deduction Effects Your Business

Section 179 Increased to $1,000,000 for 2019 Why Use Section 179? Successful businesses take advantage of legal tax incentives to help lower their operating costs. The Section 179 Deduction is a tax incentive that is easy to use and gives businesses[…]

IRS De Minimis Rule for Deducting Business Property

IRS has established maximum dollars amounts that taxpayers can rely on when expensing certain business property purchases. Businesses typically have a policy of expensing (that is, currently deducting instead of depreciating) items that cost less[…]

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