Expensing Equipment, Section 179 Deduction, Mira Mesa, Scripps Ranch, Poway, Rancho Penasquitos, Rancho Bernardo, Certified Public Accountant
Wednesday, August 11th, 2010The recent Hiring Incentives to Restore Employment Act of 2010 (the HIRE Act) extended the increased amounts that businesses can expense under Sec 179. Businesses can expense, write off up to $250,000 of equipment purchases a year provided certain conditions are met. Please call Steve Pearson, CPA for clarification or questions at (858)695-1040.