2020 Deduction Rules & Limitations for IRS 179 Tax Code
With the end of our calendar year coming to an end, this month we are focusing on leveraging tax codes for the IRS 179 tax code.
Section 179’s deduction can assist your company by procuring assets that you need such as software, vehicles, and equipment while holding onto a larger portion of your tax dollars.
It’s important to understand the tax code, deduction rules, and updated limitations for 2020 to make the best decisions for equipment and software purchases.