What is the section 179 deduction? most people think the section 179 deduction is some mysterious or complicated tax code. it really isn't, as you will see below.. Due to the passage of the new tax law this week, we have gotten several questions about section 179 and bonus depreciation. a couple of questions are as follows:. Save on business taxes on purchases of business assets with bonus depreciation and increased section 179 depreciation for 2009. these increases in depreciation.
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