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Question

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?

AI accountant’s answer:

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.

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Melissa Pedigo, CPA

Melissa Pedigo has been a CPA for over 20 years and she is one of the only CPA copywriters in the world. With a vast knowledge of U.S. tax and accounting, she’s able to write about tax and finance topics from a unique perspective...as an industry expert. When she’s not writing or being an accounting nerd, you’ll find her watching and playing tennis, reading, tending to her half-grown garden, and studying foreign languages

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