The IRS has issued guidance on deducting expenses under Section 179(a) and on deducting depreciation under Section 168(g). Processing Content These rules, in Revenue Procedure 2019-08 and as amended ...

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 ...

Is your business expecting a very profitable year, knowing you will have a painful income tax debt to pay next April? Do you have plans to purchase some equipment within the next six months? If so, ...

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, ...