deductions

What can you tell me about Section 179. I own a small business and have heard that I can obtain a substantial tax benefit by purchasing a new vehicle. I was told that to obtain the most benefit I should purchase a vehicle with at least 6000 lb. Gross Vehicle Weight. How much benefit could I expect and do I have to maintain ownership for any specific length of time? If I purchase late in the year can I still utilize the deduction? Is there anything I should be aware of that could bite me if I'm not careful?

I have a question about payroll items and tax tracking categories in QuickBooks. I have JUST ME and I'm an 1120S, so I don't feel it's worth the $169 subscription price when I can download the tables once for free. I waited until after 2/15/2003 to activate my free download, but now the Payroll area keeps running me through the setup wizard and telling me that my tax tracking categories are all wrong. Even when I check "this payroll item is inactive" for the things I don't use (like Tips Out and Tips In), it still gives me the error.

Hi Wayne, I've had 3 CPAs all give me different answers, and a forth one flatly refuses to believe that any internet business is a "real" business; she's strictly 'Brick-n-mortar'. I sadly found this out 'after' she did my taxes, and cost me thousands in deductions.