In this episode of Tax Tips, Jeffrey Levine of Buckingham Wealth Partners meets with Retirement Daily on TheStreet editor ...

Section 179 gets a $30,000 increase, and keep your eye on bonus depreciation, too. In what’s sure to be welcome news for ...

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 ...

Since 2003, Congress has repeatedly increased the Section 179 deduction for two reasons: to give businesses a tax break and to entice them to spend more in an effort to boost the economy. When ...

The home office deduction could save remote workers thousands—but only if you know which tax rules apply to your situation.

The Senate's version of the One Big Beautiful Bill takes the shine off some of Trump's most popular promises. Here's why.

MORE: Learn about the Section 179 deduction 9. Credit card and loan interest deduction Check your credit card statements for potential self-employment tax deductions. What you can deduct ...

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 ...

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 ...

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 and placed in service in the 2024 ...