Sec. 179

Internal Revenue Code Section 179 potentially allows significant first-year depreciation deductions when your business places qualifying assets into service. You generally want to maximize current year depreciation write-offs for newly acquired business assets. However, the Sec. 179 rules change annually due […]

Depreciation tax breaks, such as the Section 179 expensing election and first-year bonus depreciation, remain valuable tools manufacturers can use to reap year-end tax savings.