Browsing Tag capital expense
TAX SAVINGS – USE “SECTION 179”
By Tom Martino at October 30, 2014 | 11:38 am | 80 Comments
The IRS has a section of the code that allows you to take a deduction for the purchase of business equipment, all in one year, instead of spreading it out over many years in "depreciation". As the name implies, the section of the IRS code is #179. more...