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Some jobs include behaviors that are extremely important but very rare.For example,police officers rarely use their guns,but when they do it is important that they shoot accurately.Such important but rare behaviors pose a major problem for
§179 Expense Election
A provision of the U.S. tax code that allows businesses to deduct the full purchase price of qualifying assets financed or purchased during the tax year.
Business Automobile
A vehicle primarily used for business activities and purposes, which may qualify for tax deductions related to its use.
Rental Property
Real estate that is owned with the intention of earning income from renting it out to tenants rather than personal use.
Standard Mileage Rate
The rate set by the IRS that taxpayers may use to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes.
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