Section 1250 of the U.S. tax code applies to gains from the sale of depreciated business real estate. If a property was ...

Tax codes can be tricky to wrap your head around on a good day, so we take you through them ahead of April's tax deadline ...

The equipment must qualify for the deduction per the specifications within section 179 of the tax code and the purchase price must be within the dollar amount ranges allowable by the code.