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Section 179
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emtbd1979
Posted 12/14/2015 11:55 (#4958842 - in reply to #4958619)
Subject: RE: Section 179



west central illinois
cornbore - 12/14/2015 09:01

Why would anyone use 179 to write down your depreciation? You would have a 5-7 year note and no depreciation to offset it, because you took it already.
you need to look at the tax law without 179. $25,000 doesn't go very far in repairs let alone equipment. Also this is a small business tax depreciation boost not just ag.
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