What's New

Section 179 Deduction updated for 2011

Are you considering whether or not to purchase or lease equipment in the current tax year? This Section 179 Deduction Calculator for 2011 may very well help in your decision. The changes in the Section 179 Deduction limits for 2011 are significant, and will save your business a lot of money.

Follow the link to see your savings by taking advantage of the Section 179 Deduction:
Updated Sec. 179 Calculator for 2011

The Section 179 election, which is made on Form 4562, is for the calendar tax year the property was both purchased and placed into service (Jan 01 – Dec 31). For further details regarding Section 179, contact your local tax advisor, visit www.irs.gov

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