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About The Section 179 Deduction
Small businesses in the United States have a complicated task understanding what incentives the latest tax code provides when adding equipment, software, and vehicles. Questions include the impact of financing or leasing equipment and software, what is deemed qualifying property, limits on vehicles, and what is the overall procedure for electing the Section 179 deduction and bonus depreciation.
Section179.Org is a free resource for small businesses providing the latest news and information on a range of tax deduction topics and other helpful information. We even explain how Section 179 was impacted by the various stimulus acts and other amendments over the years, have previous years Section 179 limits, and information on Section 179 Qualified Financing as well.
With the goal of delivering a straightforward, reliable education on the tax saving potential of Section 179, without unnecessary legal and tax jargon, Section179.Org helps small businesses succeed with easy to understand content regarding this tax deduction. This allows businesses to learn more about the tax saving possibilities, and be in better position to make an informed decision regarding Section 179.