2013 Is a Great Year to Max Out the Section 179 Deduction

November 4, 2013 by OSYB Staff

The Section 179 deduction was extended for 2013 and increased to $500,000. The deduction will drop to $25,000 in 2014 if there is not new legislation. It is a good option to max out this deduction this year, but there are limits. Read here for tips to maximize this benefit.