Ask an Accountant

I need to further understand section 179. Is that more advantageous than depreciating over the year if i were to use it 4-5 years only?

Answered by Melissa Pedigo, CPA ·

Yes, generally Section 179 deductions are preferable over depreciating an asset over its life because Section 179 allow you to write-off the entire cost of acquiring certain assets in the year you begin using them.

Have a tax question of your own?

Ask a Keeper tax pro and get a free answer sent straight to your inbox.