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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 your state income tax liability).

Check out Part 2 of this video here: https://www.youtube.com/watch?v=lhrohu7Mc6Q

Visit Efros Financial online -- we're here to help! https://www.efrosfinancial.com/

Questions? Please feel free to reach out at (323) 531-3500 or info@efrosfinancial.com.

Видео What is the Section 179 Deduction and How Does It Work? - Part 1 of 2 канала Efros Financial
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28 августа 2019 г. 11:42:20
00:12:21
Efros Financial
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