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  ABOUT THIS SITE

This website was designed to answer your questions regarding the Section 179 Tax Deduction, and to explain the impact the various Stimulus Acts have had on Section 179. The information on this site will clearly explain the Section 179 Deduction in plain terms; will go over what property qualifies under Section 179 for the deduction; and will explore the myriad of ways the Section 179 deduction can impact your bottom line. In addition, there are IRS tax forms and also tools for you to use, such as the free Section 179 Deduction Calculator currently updated for the 2023 tax year.    

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ARCHIVED REFERENCES

  • Overview of Depreciation
  • Economic Stimulus Act of 2008
  • American Recovery & Reinvestment Act of 2009
  • HIRE Act of 2010
  • Small Business Jobs Act of 2010
  • Tax Relief Act of 2010

SECTION 179 DEADLINE

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Section179.Org Section179.Org
  • Section179 Explained
    • Section179 Current Year
    • Qualifying Property
    • Non-Qualifying Property
    • Vehicles and Section 179
    • Software and Section 179
    • Electing the Deduction
    • Section179 Simplified
    • Section 179 Amendments
    • Previous Years
    • Section179 FAQs
  • Section179 Calculator
  • Qualified Financing
  • Equipment Sellers
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