Section 179 expense option

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Posted by Penny on May 10, 2008 at 18:09:56:

In Reply to: Quick Tax Question posted by Steve on May 09, 2008 at 12:44:39:

Depending on your cashflow and advice of your CPA, some capital equipment can be fully expensed during the year it is put in service instead of depreciated. This is the Section 179 expense category.

See your CPA, they can fill you in on the rules and how it would affect your taxes and cashflow.

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