The Section 179 and Bonus Depreciation Expensing Allowances: Current Law and Issues for the 114th Congress by Congressional Research Service

Crs Reports

The Section 179 and Bonus Depreciation Expensing Allowances: Current Law and Issues for the 114th Congress

Congressional Research Service

24 pages paperback

2 editions

nonfiction politics informative medium-paced
More Options

Read With Others

Book Information

Powered by AI (Beta)
Loading...

Description

Expensing is the most accelerated form of depreciation for tax purposes. Section 179 of the Internal Revenue Code allows a taxpayer to expense (or deduct as a current expense rather than as a capital expense) up to $25,000 of the total cost of new...

Show More

Community Reviews

Loading...

Content Warnings

Loading...