Discussion Post
• What are the rules related to a section 179 deductions?
• The allowable limit of the 179 deduction will often fluctuate because of Congress action (eg, the limit increased to $1M due to the TCJA Act). Why would the allowed deduction change so frequently through the years?
• Why would an individual decide to take this deduction and discuss some reasons why it would not be advantageous?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.