title>Tax Guru-Ker$tetter Letter Wizard Animation


Tax Guru-Ker$tetter Letter
Wednesday, May 21, 2008
How assets paid for irrelevant to Section 179


Kerry if I finance the tractor will I still. Get same write off.


Both the Section 179 expensing and depreciation deductions have nothing to do with how the new asset is financed.  It is the exact same deduction whether you pay cash or take out a loan.

The only difference will be no interest expense deduction for a cash purchase.



Netflix, Inc.



Powered by Blogger