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Any word on sec 179?
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roarintiger1
Posted 10/2/2015 10:29 (#4819512 - in reply to #4819039)
Subject: RE: Any word on sec 179?


NW Ohio
coup - 10/2/2015 06:32

179 is a liability that has got a bunch folks in hot water. Playing the tax defer game is going to be the downfall of more than one farm operation and machinery dealer with lower to no income going forward.


If you have lower to no income going forward, you certainly don't need higher depreciation deductions going forward. It was a very smart move to use the sec 179 during the years of high income. So what if the deduction is gone now?
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