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Section 179 Deduction

As part of our miniseries on 'Accounting for Assets,' this week’s 'Accounting Tips Tuesday' examines IRS Section 179 Expense Deductions. more

Oct 4, 2016 12:05 AM General Ledger

House and Senate posed on compromise to fund government and extend critical tax deductions. Breaking news: Passes legislation late Saturday night.... more

Dec 13, 2014 9:44 AM Tax and Practice Management

Perhaps the single most coveted deduction favored by small business owners is the Section 179 deduction. Congress has acted, but unless the U.S. Senate acts, Section 179 deductions will max out at $25,000 in lieu of $500,000 for 2014 tax returns. more

Jun 29, 2014 6:24 PM Tax and Practice Management 1 Comments

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