Walker Reid Strategies

Section 179 Deduction Limits Increased for 2018

Tax Deduction 2018

There is news for this year in connection with Section 179. The law of H.R.1, aka, The Tax Cuts and Jobs Act, has been passed and signed recently, it establishes that the deduction limit for Section 179 has increased to $1,000,000 for the current year. At the same time, the limit on equipment purchases increased to […]