The Maximum Annual Section 179 Immediate Expensing Deduction in 2019

question 100

True/False

The maximum annual Section 179 immediate expensing deduction in 2019 is $1,020,000.

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Definitions:

Shallowest Seafloor

The part of the ocean floor that is closest to the water's surface, often found near coastlines or on continental shelves.

Oceanic Plateau

Large submarine elevations lying above the abyssal plains of the ocean, created by volcanic activity or large-scale uplift.

Basalt

A dark, fine-grained volcanic rock that forms from the rapid cooling of basaltic lava, composing much of the ocean floor and volcanic islands.

Problem Solving

The process of identifying a problem, developing potential solutions, and implementing a course of action to resolve the problem.