WHAT IS SECTION 179
In 2009, Section 179 will allow a business to deduct from their tax liability the full purchase price of equipment purchases of up to $250,000. It also allows for additional first-year 50% bonus depreciation for any purchase amount over the $250,000 limit.
This means substantial, immediate tax Savings for your business and makes 2009 a smart time to make your next towing & recovery equipment purchase. [Learn More]