26 U.S. Code § 179 - Election to expense certain depreciable ...
A taxpayer may elect to treat the cost of any section 179 property as an expense which is not chargeable to capital account. Any cost so treated shall be allowed as a deduction for the taxable …
Depreciation expense helps business owners keep more money
Mar 16, 2020 · Depreciation expense helps business owners keep more money March 16, 2020 Section 179 of the tax code allows business taxpayers to deduct the cost of certain property as an expense …
2025 Section 179 Deduction Guide | Section179.org
Learn how the Section 179 deduction works in 2025. See the $2.5 M limit, $4 M phase‑out, vehicle caps and step‑by‑step examples to maximize your tax savings.
Section 179 Deduction: Rules in 2025 and 2026 - NerdWallet
What is the Section 179 deduction? The Section 179 deduction is a tax deduction for the purchase of certain business assets.
Section 179: Definition, How It Works, and Example - Investopedia
Aug 16, 2025 · Section 179 of the U.S. Internal Revenue Code allows businesses to write off some assets in the same year of purchase. The Section 179 deduction is applied at the asset's full value …
179 (number) - Wikipedia
179 is part of the Cunningham chain of prime numbers 89, 179, 359, 719, 1439, 2879, in which each successive number is two times the previous number, plus one. Among Cunningham chains of this …
Section 179 Deduction: How it Works in 2025 - 1-800Accountant
Aug 18, 2025 · Section 179 allows small business owners and entrepreneurs to take an immediate tax deduction for eligible property placed in service during the year instead of deducting the cost over time.