I save $1000 in CA (state) taxes taking the 179 deduction vs special depreciation allowance option. I think that's a wrap. Thanks so much for your help. Now I j...
"However, is there a reason why you are wanting to use Section 179 rather than Bonus Depreciation?"I'm not clear on the distinction. I don't see an option for a...
Bingo, Amelie's Uncle! This is a Sprinter Cargo Van (GVWR 8550lbs). So as I read in that article I can deduct up to $65,000 of purchase price, correct?What exac...
Thanks, Mike. You've addressed the essential question and that's encouraging. So, as you surmised something is wrong either with my input or the current state o...
Thanks for that link. I'm not clear what distinguishes the 2020 law re: 1st yr vs prior years except for the allowable limits. Again, the type of vehicle which ...