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Upgrade the memory of your 2019 iMac up to 128GB

Taxes: Section 179 for Small Business Owners (Accelerated Depreciation): Deduct if In-Service by End Of Year

This site is not a tax adviser, this is FYI ONLY. Consult your own tax adviser. See also Section 179.org.

For a small business owner, the US federal tax code contains a benefit: Section 179 of the internal revenue code.

In essence, you can write off (fully deduct) depreciable assets acquired and put into service in 2016 as expenses up to a limit of $500,000 (for federal tax purposes). Any small business that needs a new computer, office gear, camera, or any normally depreciable asset might consider making those purchases (and putting them into service) that gear by Dec 31, 2016.

2016 Deduction Limit = $500,000 — This deduction is good on new and used equipment, as well as off-the-shelf software. This limit is only good for 2016, and the equipment must be financed/purchased and put into service by the end of the day, 12/31/2016.

See my OWC / MacSales.com Wishlists and B&H Photo wishlists.

CLICK TO VIEW: Suggested items at OWC

CLICK TO VIEW: Best of Breed Computer Gear

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Dracast LED500 Plus Series Daylight LED Light
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