Get the IRS to Pay for Your Mac | the Lease Guy
Section 179 does away with this depreciation, and instead allows a business to deduct the entire cost of that computer (the full $1,000) this year. It doesn?t take an accountant to see that this can have a considerable impact on the taxes owed for this year. In fact, since it?s likely a business will have to pay taxes anyway, making a large purchase of equipment this year can actually substantially lower the tax bill. Saved By: Ryan Price | View Details | Give Thanks
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