THOUGHT LEADERSHIP PERSPECTIVES
BY JULIA ZIECHMANN, JD, LLM
DOWNLOAD PDF

Year-End Tax Income Planning: Section 179 Tax Deduction For Businesses

For qualified property placed in service during 2018, $1,000,000 can be expensed under Section 179 (up from $510,000 in 2017). This deduction begins to be phased out if more than $2,500,000 of property is placed in service during 2018.

PLEASE CONTACT US TO SET UP YOUR ONE-ON-ONE REVIEW.