Tag Archives: Section 179

What is Section 179, and how to take advantage of it.

What is section 179? Section 179 is a tax deduction that allows taxpayers, other than trusts and estates, to elect to expend a specified amount of the cost of qualifying property purchases for use in a business. Office furniture, qualifying vehicles, computers, and off-the-shelf software are typically considered deductible expenses. This can help with your […]