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who you should talk to about Sec 179
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Posted 12/15/2015 18:15 (#4962159 - in reply to #4962047)
Subject: RE: Why worry about it????????????


southwest illinois
Thanks for reminding me about tires

I would like to load up on 7 year depreciation, given cheap interest these days, and a gamble that Federal and State income taxes MAY go up, makes good financial sense to pay some more taxes now and bank some expenses 2-7 years out

If a guy prepays inputs on a yearly basis, why not prepay taxes a few years out to help even out after tax profits?

In my lifetime, I really could use Sec 179 when interest rates and tax rates were a lot higher.
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