This is due to construction companies trying to reduce ... let me quickly go over what Section 179 is. It is the tax deduction that allows companies to write off the full purchase price of ...

or even home construction or renovation materials from your return. Your sales tax deduction is capped at $10,000 per year, but can help reduce your taxable income. What items are eligible for ...

The 2023 Bonus Depreciation phaseout will affect construction companies relying on it for a tax deduction. But there are practical approaches companies can use to mitigate the smaller percentages.

Learn how Southeastern Equipment Company recommends using Section 179 tax ... the deduction decreases on a dollar-for-dollar basis. This structure allows owner-operators in construction and ...

Industry leaders are pushing for tax benefits, a broader definition of affordable housing, and reduced GST rates in the ...