Investopedia / Mira Norian Section 179 of the U.S. Internal Revenue Code is an immediate expense deduction that business owners can take for purchases of depreciable business equipment.

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 ...

This deduction is particularly beneficial for small businesses making substantial investments in equipment, machinery, or other tangible property. Understanding Section 179 and how to use it ...

Whether you finance or lease business equipment and vehicles, there are clear tax benefits unique to both. Here’s what you ...

Our tax expert gives us a quick lesson on a Section 179 deduction, answering the questions: How might a sole entrepreneur or small business owner decide whether and when to use a Section 179 ...

Section 179 is still scheduled to be fully available and the current amount of Section 179 deduction allowed is $1,080,000 and the phase-out of the deduction starts once you place eligible assets ...

As long as your section 179 deduction, allowed depreciation deductions and salvage value are equal to the cost or investment in the property, you are entitled to full recovery of your basis. Between ...

Are equipment payments tax deductible? When you finance equipment, you can deduct its entire cost as a deduction. In addition to your interest payments, you can deduct them. Often referred to as ...