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YouTubeEdspira
Section 179 Deduction
If you own a business, you can immediately expense up to $1,050,000 of certain types of business property by making a § 179 election. This means you don’t need to depreciate the property over time; you can deduct the full purchase price in the year the property was placed into service. You can make a § 179 election for: • Equipment ...
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Section 179 depreciation deduction Tax Benefits
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