2012 section 179

[kas]

Are the 2012 section 179 limits $250,000 for leashold improvments and $125,000 machinery/equip etc?

[DaveinTexas]

Found this site

http://www.section179.org/

It appears the limits have been adjusted to $139,000 for 2012. They are slated to go down to $25,000 starting in 2013; vote your conscience this November! Phaseout limit also slated to drop to $200,000

By the way the leasehold improvements limit of $250k expired at the end of 2011.

Remember, if you have a small business, you didn't build that!

[kas]

Are the 2012 section 179 limits $250,000 for leashold improvments and $125,000 machinery/equip etc?

thanks Daveintexas