Learning Center for Tax and Financial Insights

Stay updated with clear, actionable articles on tax rules, deadlines, deductions, and financial decisions that impact individuals and businesses.

For Business
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Published:
September 16, 2026

Is Section 179 Going Away in 2026 and How Is It Calculated?

No, Section 179 is not going away. It is permanent, and the 2026 limit is $2,560,000 with the phase-out beginning at $4,090,000. Bonus depreciation nearly expired.

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For Business
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Published:
September 16, 2026

Can You Take Section 179 on Used Equipment and When Does It Apply?

Used equipment qualifies for Section 179 if it is new to your business, bought from an unrelated party, used over 50% for business, and placed in service that year.

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Taxes
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Published:
September 16, 2026

How Long Do You Have to Keep a Vehicle Under Section 179?

A Section 179 vehicle must stay above 50% business use for its full five-year recovery period. Dropping below that or selling early triggers recapture as income.

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Taxes
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Published:
September 16, 2026

Does Toyota Sienna Qualify for Section 179?

A Toyota Sienna qualifies for Section 179 with a GVWR above 6,000 pounds and over 50% business use: up to $32,000 of Section 179 plus 100% bonus on the rest.

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Taxes
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Published:
September 16, 2026

Can You Take Section 179 on Leasehold Improvements?

Yes, leasehold improvements can qualify for Section 179 as qualified improvement property: interior work on a nonresidential building already in service.

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For Business
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Published:
September 8, 2026

Are Land Improvements Eligible for Section 179?

Land improvements like fences, sidewalks, parking lots, and landscaping are not eligible for Section 179. They qualify for 100% bonus depreciation instead.

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