Section 179 lets you deduct the full purchase price of qualifying business equipment bought and put into use during the year.

Every year around tax time, I get annoyed at a particular topic and the social-media posts that surround it. That topic concerns using the Section 179 tax deduction for SUVs and passenger vehicles ...

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 ...

A turbocharged Section 179 tax credit could still power a strong Q4 for EVs, even without the 45W Commercial Clean Vehicle ...

Tax Code 179, the special deduction to write off equipment in the year purchased, was extended permanently in 2015 legislation. This has been further liberalized by the Tax Cuts and Jobs Act (TCJA) ...