Taxes

12 12, 2020

New Changes to Section 179 Tax Deductions on Equipment Financing

2021-01-06T12:07:05+00:00

If there’s one thing most Americans would agree on, it’s that 2020 has been a particularly challenging year, especially for small businesses. One of the bright notes in an otherwise somber time comes with the news that the ceiling for Section 179 deductions — which allow businesses to write off the entire purchase prices of [...]

New Changes to Section 179 Tax Deductions on Equipment Financing2021-01-06T12:07:05+00:00
7 03, 2020

Are Business Loan Payments Tax Deductible?

2020-03-07T05:11:26+00:00

While taxes should be a year-long concern for business owners, it’s commonly accepted that tax season starts ramping up every year in February and comes to a crescendo on April 15, the deadline for filing taxes on income earned the previous year. Since we’re right in the middle of that window, we thought we’d focus [...]

Are Business Loan Payments Tax Deductible?2020-03-07T05:11:26+00:00
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