I am trying to get the MD depreciation decoupling correct (and trying to match what last year's tax pro did).
This is how I understand it:
Limit section 179 to $25,000
Limit section 179 to $200,000 worth of assets
Not allow section 179 deduction for software (off the shelf), but keep it as S/L
I was depending on this document linked below.
I would love to hear yes or yes, but there's more or oops, you are way off base here!
Thank you in advance
This is how I understand it:
Limit section 179 to $25,000
Limit section 179 to $200,000 worth of assets
Not allow section 179 deduction for software (off the shelf), but keep it as S/L
I was depending on this document linked below.
I would love to hear yes or yes, but there's more or oops, you are way off base here!
Thank you in advance
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