News

As the construction industry prepares for the first half of 2019, there’s good news and bad news – or, to better rephrase, there are going to be opportunities along with challenges.

In recent years, Section 179 details haven’t been available until closer to the close of the current year. However, with the passing of 2018’s tax reform, program info has been available for quite some time for those looking at year-end purchases to apply Section 179.

Those considering a year-end purchase to apply Section 179 may have questions about the program. Here are 10 frequently asked questions – and answers – about Section 179, plus one additional question to consider.

In the past, Section 179 has gone hand-in-hand with bonus depreciation, both valuable tax incentives. This year, changes have been made to Section 179 and bonus depreciation. With the changes, the two aren’t used together, but rather can be looked at as separate opportunities – both valuable opportunities, depending on each company’s unique needs.

We're checking in on the used equipment outlook in the second half of 2018 – and even further down the road.

From diversification to growth opportunities, there are several reasons a company would be interested in purchasing a new dozer. When a brand-new machine isn’t an option, used equipment present a great opportunity for companies to expand their fleet.