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Posted: March 3rd, 2020
1. What are the rules related to a section 179 deductions?
2. The allowable limit of the 179 deduction will often fluctuate because of Congress action (eg, the limit increased to $1M due to the TCJA Act). Why would the allowed deduction change so frequently through the years?
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3. Why would an individual decide to take this deduction and discuss some reasons why it would not be advantageous?
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