The section 179 deduction allows a small business to take a tax deduction for the entire cost of certain property and equipment in the year it buys that property. That produces a larger, more ...

Wylie Wong is a freelance journalist who specializes in business, technology and sports. He is a regular contributor to the CDW family of technology magazines. For business owner Ric Lee, taking ...

Use this guide for a step-by-step explanation of how Schedule C works and how to fill it out so you can make sure you’re filing your taxes correctly. Each year, sole proprietors have the chore of ...

BOSTON (CBS) - Normally if you purchase capital equipment for your business, you don't get to expense the total cost of the equipment the year you buy it. You depreciate the equipment over its useful ...

Buying equipment for your lawn business is different from buying supplies like fertilizer and fuel. Whereas supplies have a short-term life and are treated as expenses, the equipment you buy should ...

I am 58yrs of age and receive $8660 for disability from my former employer, and receive a 1099R which I enter that amount on line 7 of Form 1040. I have rental income profit of $4069 and enter on line ...

Marshall Hargrave is a stock analyst and writer with 10+ years of experience covering stocks and markets, as well as analyzing and valuing companies. Listed property is tangible property that can be ...

BOSTON (CBS) - Normally if you purchase capital equipment for your business, you don't get to expense the total cost of the equipment the year you buy it. You depreciate the equipment over its useful ...