SECTION 179 DEDUCTION DOLLAR LIMITS

By Sandra Martinez

          What’s New for 2023?  It’s time to buy your new equipment! Section 179 deduction dollar limits.    For tax years beginning in 2023, the maximum section 179 expense deduction is $1,160,000. This limit is reduced by the amount by which the cost of section 179 property placed in service during…

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HOW TO DETERMINE EQUIPMENT NEEDS

By Sandra Martinez

Calculate the cubic feet measurement of the affected area. Determine how many air changes per hour are required for effective drying. Multiply the cubic feet of the structure by the desired amount of air changes. This will yield the cubic feet per hour of dry air that must be introduced to the building for desired…

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