Breaking News IRS Sec 179

IRS Section 179

The administration has extended IRS Sec 179 deduction for 2016 tax year with a cap of $500,000. This means you can expense new and used limousine purchases and equipment up to 100% of the purchase price to a cap of $500,000 this year.

Develop a new business plan, update your financials along with your 2015 IRS return and financing will be fairly easy to get this year.

Hire the very best CPA and attorney you can afford and GIVE THEM EVERYTHING you have done or are doing. They will steer you through the ever changing maze of rules and regs and the enforcers.

 

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