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What Limitations Apply to the Use of Section 179 Expensing

question 65

Essay

What limitations apply to the use of Section 179 expensing in 2018? What would have been different if this asset had been acquired in 2017?


Definitions:

Standard Deviation

A statistical measure that quantifies the variability or spread of a dataset around its mean value.

Deviation

Difference between expected payoff and actual payoff.

Expected Value

The weighted average of all possible values of a random variable, with the weights being the probabilities of each outcome.

Absolute Value

The distance of a number from zero on the number line, disregarding its sign.

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