Bonus Depreciation vs Section 179 - Which Is Right For Your Business?

Section 179 and Bonus Depreciation are similar but they aren’t the same.

With 2022 coming to an end, that means you’re running out of time to claim 100% bonus depreciation.

But what strategy makes the most sense for your business?

Stay tuned to figure out what strategy makes the most sense for you and your business.

00:52 What's the difference between Bonus Depreciation and Section 179
02:40 Bonus Depreciation
03:52 Why would you not want to use 100% Bonus Depreciation
08:51 Section 179

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*Disclaimer This material & presentation content is for informational and educational purposes only. This material and presentation content is designed to provide general information regarding the subject matter covered. It is not intended to serve as legal, tax, or other financial advice related to individual situations. Because each individual’s legal, tax, and financial situation is different, specific advice should be tailored to the particular circumstances. For this reason, you are advised to consult with your own attorney, accountant, tax preparer, and/or other advisor regarding your specific situation or your client’s specific situation. The information and all accompanying material are for your use and convenience only.

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By: Boris Musheyev, CPA
Title: Bonus Depreciation vs Section 179 - Which Is Right For Your Business?
Sourced From: www.youtube.com/watch?v=GwT2IwAooe8


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