Tag Archives: #Sec179

IRS Unveils Procedures For Expensing, Bonus Depreciation And More Under PATH Act

The IRS has released guidance related to Code Sec. 179 expensing, bonus depreciation and other related changes in the Protecting Americans from Tax Hikes Act of 2015 (PATH Act). The guidance describes the procedures for filing amended returns and taking other actions.

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Year End Planning – Section 179 Expensing

Generous Section 179 expensing limits are set to expire at the end of this year.  If you are  planning to purchase machinery and equipment or invest in eligible real estate assets during the remainder of this year or early next year … Continue reading

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