With the Expansion of Bonus Depreciation, Why Is Section 179 Still Important? | Submitted by Wipfli-Bauerle

Taxpayers generally have two ways to take an immediate write-off for a portion or all of the cost of an acquired capitalized asset. They can claim a tax deduction for a percentage of the cost of the asset (bonus depreciation), or they can claim a deduction for a certain dollar amount of the cost of...

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