If you’ve been sitting on the fence waiting for the right time to upgrade or add to your fleet and equipment inventory, that time might be right around the corner. The U.S. House of Representatives on Thursday passed a bill including a provision allowing small businesses to immediately deduct from taxes the entire cost of capital equipment up to $500,000.That means if you want to buy a new vacuum truck, specialty restroom trailer, order of portable restrooms or other big-ticket equipment, you can deduct the full amount of the purchase from your 2010 taxes instead if having to take depreciation
