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What is the Section 179 Deduction and How Does It Work? - Part 1 of 2
In this video, Alexander Efros, MBA, EA, CPA, CFP® from Efros Financial explains how the Section 179 deduction can help you lower your tax liability! Section 179 allows businesses to deduct up to $1,000,000 for federal income tax purposes for assets purchased and placed in service in tax year 2019 (a deduction may also be available to reduce ...
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