Electric vs internal combustion forklifts

Electric vs. Internal Combustion Forklifts

If you’re in the market for forklifts, you may want to learn more about the differences between internal combustion and electric forklifts. Before you invest, a gas vs. electric forklift comparison can help you discover which type of forklift is best for your needs. Internal Combustion vs. Electric Forklifts Your primary forklift options can be categorized into…

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Section 179 Deduction

What is it? According to irs.gov – Section 179 allows taxpayers to deduct the cost of certain property as an expense when the property is placed in service.  For tax years beginning after 2017, the Tax Cuts and Jobs Act increased the maximum Section 179 expense deduction from $500,000 to $1 million. The phase-out limit…

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