The Current State of the Section 179 Tax Deduction
After years of constant change- up and down deduction limits, shifting depreciation rates, retroactive measures taken in the following calendar year- 2021 finds the Section 179 tax deduction for capital equipment continuing to trend toward stability, with limits that are very similar to those of the last two years. If you have plans for a major equipment purchase in the near future, we'll explore what you can expect to save this year with Section 179.