title>Tax Guru-Ker$tetter Letter Wizard Animation

                 

Tax Guru-Ker$tetter Letter
Thursday, June 02, 2005
 

Q:

Subject: Section 179 expensing

I find your blog to be very informative.
 
Would you please explain to me how a C corp is able to deduct its own 179 expenses in addition to what is claimed on the 1040s of the owners?
 
Your response would be most appreciated.

 

A:

This is covered in my article on the differences between C and S corps:
http://taxguru.org/corps/scorp.htm

Kerry Kerstetter

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