the deduction’s previous cap of $10k jumps to $2.5m.
sponsored by poe group advisors: helping accountants buy, build, and sell exceptional firms. see today’s special offer
subscribe to 卡塔尔世界杯常规比赛时间 podcasts anywhere: apple, google/youtube, spotify, iheart, deezer, amazon music, audible, player fm, audacy, rss.
quick tax tip
with art werner
cpe today
if you thought section 179 was already generous, buckle up. tax guru art werner is back with a quick tax tip that dives into one of the most business-friendly changes proposed in the “big, beautiful bill” — a massive, permanent expansion of the section 179 expensing limit to $2.5 million.
that’s right. the deduction, which once topped out at a modest $10,000 (yes, really), could soon allow businesses to expense up to $2.5 million of qualifying property immediately. according to werner, this is not just another routine adjustment — this is a seismic change in year-one expensing power.
and for the right business? it could be a game-changer.
to read the full article
