Oh, I should have pointed out that I am a tax preparer, so I'm very familiar with the new tax laws. It just occurred to me this isn't a tax preparer forum.
I just got back from the IRS Tax Forum 2018 and know 179 is not going away. As a matter of fact, the limit was increased to $1 million! and yes, depreciation ha...
I bought furniture and have the same question. If I make a "Furniture" account that's a "Fixed Asset" and I 179 it on my taxes, then it moves to "expenses"? Lik...