02-17-2004, 09:30 PM
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 Re: Depreciation on new equipment "Man with a camera" <raytzz[at]verizon.net> wrote - quote - > I am a sole proporietor. My business purchased new equipment
There are income limits, but Section 179 is available to> ranging from Studio equipment to office equipment. Is there > a way to take a full one time depreciation on this equipment > rather than spreading it out over the life of that > equipment? fully expense the equipment. -- Snowmen fall from heaven unassembled. ------------- Paul A. Thomas, CPA taxman at negia.net << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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02-16-2004, 07:29 PM
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| Depreciation on new equipment I am a sole proporietor. My business purchased new equipment ranging from Studio equipment to office equipment. Is there a way to take a full one time depreciation on this equipment rather than spreading it out over the life of that equipment? Ray Thomas << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| depreciation, equipment |
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