Please review the following IRS Publication 946: How to Depreciate Property, to inform your discussion.
Section 179 allows a current deduction for the acquisition cost of business-use assets.
.Describe the eligibility requirements and deduction limitations of section 179.
Why would a taxpayer choose to not elect the Section 179 deduction if the property were eligible?
Who qualfieds for the 179?
What’s the difference between Section 179 and Bonus Depreciation?
