Below is our annual guide to Tax Code Section 179 for self-employed and business owners who buy a vehicle. This guide encompasses qualifying vehicles purchased in the 2025 calendar year for the ...

Friends, we have been publishing the latest rules and eligible vehicles list for Tax Code 179 for over a decade. Many of you wait until the last minute to make your purchase. Many wait until right ...

The Clean Commercial Vehicle Tax Credit, governed by section 45W of the tax code, has been a significant financial incentive for businesses and tax-exempt organizations. This credit aimed to reduce ...

Click to share on Facebook (Opens in new window) Facebook Click to share on X (Opens in new window) X Pullen: First comes the letter, then comes the tax bill. Credit: Thomas Breen photo The Elicker ...

Long Island accountants explain how the One Big Beautiful Bill Act extends 2017 tax cuts, reinstates 100% bonus depreciation, and alters business deductions.

A federal tax break worth up to $7,500 for new EVs and up to $4,000 for used ones expires Sept. 30, but new Internal Revenue Service guidance says shoppers can still qualify if they sign a binding ...

If you’re considering buying an electric vehicle, now is the time to act. The massive tax bill that President Donald Trump signed into law on July 4 eliminates the popular electric vehicle (EV) tax ...