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Whats up everybody? My name is Ryan, Im a CPA, and today I wanted to briefly talk about the Section 179 deduction again. I know I have a video on it already, and Ive been getting a lot of comments and emails from that video, and Ive been seeing you know, this being talked about all over the Internet. About how you can use the Section 179 deduction to your advantage. And yeah I just wanted to give a brief update, or like kind of a retouch on maybe why its a good idea, why its a bad idea. If youre not familiar with the Section 179 deduction it allows you to depreciate certain assets fully in the first year that you purchase it. And this is obviously for business owners only. So if you have a business lets say you want to buy some piece of equipment, usually youd depreciate it over like seven years, you know the cost of the equipment. But with Section 179 it gives you the ability to take the deduction in the first year of purchase, the entire cost of
