Beginning in 2008, there have been various Stimulus Acts and Bills passed by Congress that greatly affect Section 179.
Careful reading of these various stimulus acts and bills is required, as the timeframes each are valid vary greatly. Sometimes they affect Section 179 for only the current calendar year (always on a retroactive basis). Other times, they extend to future years. And still other times, they revisit previous years, and retroactively raise limits.
As always, we'll have the latest information on any and all amendments and stimulus acts, as well as information on Section 179 Qualified Financing.