Section 179 Deductions Jan 2, 2013  – Big news: Section 179 has received a nice boost for the 2013 tax year. To read details, download the 154 page H.R.8: American Taxpayer Relief Act of 2012. Better known as the “Fiscal Crisis Bill”, this raises Section 179’s limits for both the 2012 and 2013 tax years. Here are the new Section 179 Deduction Limits for 2013 (and 2012 retroactive) 2013 Deduction Limit …Read More