Tag Archives: section

2025 Section 179 Deduction Limits for Small Businesses

Section 179 of the Internal Revenue Code allows businesses to deduct the cost of certain capital assets in the year they are purchased, rather than depreciating them over several years. For 2025, the Section 179 deduction limit is $1,080,000. This means that businesses can deduct up to $1,080,000 of the cost of qualifying assets in the year they… Read More »