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Section 179

4 articles

Q2 Estimated Taxes Are Due June 15 — Don't Overpay Under the New 2026 Rules
Tax Planning

Q2 Estimated Taxes Are Due June 15 — Don't Overpay Under the New 2026 Rules

The OBBBA changed the rules for 2026. The SALT cap jumped to $40,000. Section 179 doubled. If you copy last year's Q2 payment, you may be overpaying by thousands of dollars.

Tom Woolley, MBA 5/5/26 10 min read
Contractor Equipment Depreciation: How to Deduct $500K in the Year You Buy It
Tax Planning

Contractor Equipment Depreciation: How to Deduct $500K in the Year You Buy It

Contractors who understand Section 179 and bonus depreciation can write off hundreds of thousands in equipment the year they buy it. Here's exactly how it works and what qualifies.

Tom Woolley, MBA 3/2/26 10 min read
Section 179 vs. Bonus Depreciation: Which Tax Strategy Saves You More?
Tax Planning

Section 179 vs. Bonus Depreciation: Which Tax Strategy Saves You More?

Section 179 and bonus depreciation both let you deduct equipment costs immediately, but the rules differ significantly. Learn which strategy saves your business the most in taxes.

Tom Woolley, MBA 3/2/26 9 min read
Dental Equipment Tax Strategy: How to Turn a $200K Equipment Purchase Into a $70K Tax Break
Tax Planning

Dental Equipment Tax Strategy: How to Turn a $200K Equipment Purchase Into a $70K Tax Break

Learn how dental practices use Section 179 and bonus depreciation to convert major equipment purchases into immediate tax deductions worth tens of thousands of dollars.

Tom Woolley, MBA 11/10/25 9 min read