By: Lane Batson As of 2015 Section 179 of the tax code has been moved back from $500,000 to $25,000. For now that means that small to midsize companies will not be able to fully depreciate equipment over $25,000. In 2014 you had the option to take full depreciation on...
By: Lane Batson Accounting and Finance scholars state there are three areas to consider when determining whether to lease or borrow money to purchase equipment. 1: Are there potential tax advantages? 2: Will the equipment’s technology become obsolete? 3: Can leasing...