Taxes: Section 179 for Small Business Owners (Accelerated Depreciation)
I am not a tax adviser, this is FYI ONLY. Consult your own tax adviser.
For a small business owner like myself the US federal tax code is especially onerous, but there is one temporary benefit ending in 2012 that every small business should know about: Section 179 of the internal revenue code.
This year the “bonus” depreciation ends in 2012.