Why Your Ski Shop's Book Value Isn't What Last Season's Rental Skis Are Worth
Rental skis lose value faster than 7-year MACRS assumes; keep a management schedule, and plan for IRS Section 1245 recapture on spring demo sales.
#section-179
Section 179
IRC Section 179 expensing election, annual deduction caps, phase-out thresholds, and qualifying property for small business equipment write-offs
Hair Transplant Clinic Bookkeeping: Per-Graft Pricing, FUE Equipment, and the 15-Surgery Capacity Benchmark
Price grafts from cost, not the market: FUE runs $4–$12 per graft, deposits are liabilities, and the IRS treats transplants as nondeductible cosmetic surgery.
Hot Shop Economics: Glassblowing Studio Bookkeeping From the Furnace to the Finished Piece
A hot shop furnace burns 24/7, so book fuel as fixed overhead, not COGS — then price each piece on revenue per furnace-hour, sellable yield, and color cost.
Does Lemon Law Cover Your Work Truck? State Coverage, Fleet Exclusions, and the Federal Backstop
Lemon laws cover work trucks in some US states but not others; use, weight, and fleet tests decide, and a Section 179 buyback triggers depreciation recapture.
Mobile Mechanic Bookkeeping: Van Build-Out vs. Lease, Parts Markup, and Pricing the Trip Charge
A $125 posted labor rate falls to $94 once drive time counts. Price the trip charge by zone, tier parts markup, and claim Section 179 on a 6,000-lb van.
Ditching the Cloud for a Colo Rack? The Move Changes Your Depreciation Schedule, Not Just Your Monthly Bill
Leaving the cloud for a colo rack turns opex into capex — servers are 5-year MACRS property, but Section 179 or 100% bonus can expense them in year one.
Sheep Farm Bookkeeping: Breeding Flock vs. Market Lambs, Wool Checks, and the Enterprise Budget That Tells You If Ewes Pay
Cull ewes held over 12 months qualify for Section 1231 gain on Form 4797 — not Schedule F — skipping self-employment tax.
The Mid-Quarter Convention Trap: How Q4 Equipment Purchases Can Slash Your First-Year Depreciation
More than 40% of your MACRS basis placed in service in Q4 forces the IRS mid-quarter convention on every asset — a 5-year purchase falls from 20% to 5%.
Powder Coating Shop Bookkeeping: Job Costing by Square Foot, Rack, and Cure
Powder runs $0.25 per square foot at 50% transfer efficiency — quote from that floor, allocate oven energy per cure, and reserve 2–5% of revenue for redos.
Renting Out Your Car on Turo? The Tax Bill Is Bigger Than Your Payouts Suggest
Turo hosting is Schedule C self-employment income, not Schedule E rent — 15.3% SE tax, a gross 1099-K, and an IRS mileage rate that changed midyear 2026.
Alpaca Fiber Farm Bookkeeping: Grade the Fleece, Depreciate the Herd, and Price Yarn Like a Business
Purchased alpaca breeding stock depreciates over 5 years (Section 179 eligible); raised crias have zero basis. Grade fleece by micron and file on Schedule F.
Live Scan Fingerprinting Service Bookkeeping: Per-Roll Fees, Pass-Through Billing, and the Mobile vs. Storefront Math
DOJ and FBI live scan fees are a liability, not revenue — book only the rolling fee as income, and capitalize the $7,000 scanner or elect Section 179.