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| I've used 179 exclusively for the last decade of so. It's all about cash flow and upgrading equipment where it makes sense while income is increasing.
Put up a new mach shed the year that they expanded it to 20 yr property.
Rember you can undo it if you want using an amended tax return. 3 yr look back.
I keep prepays consistent from year to year and use them primarily where they offer discounts. That makes it easy to expain if you are ever audited. | |
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179 deduction - email your Congressman/Senator
