What Limitations Applied to the Use of Section 179 Expensing

question 70

Essay

What limitations applied to the use of Section 179 expensing in 2014? What changes took effect on January 1,2015?

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Definitions:

Bulk Purchasing

The acquisition of goods or products in large quantities, often at a discounted price.

Profit Margins

A financial metric that measures the percentage of profit a company makes for each dollar of sales, indicating how effectively a company is managing its expenses relative to its net sales.

Management Structure

The hierarchical arrangement of lines of authority, communications, rights, and duties within an organization.

Franchise

A business model that allows individuals to own and operate their branch or location of an existing larger brand or business.