The § 179 Deduction Can Exceed $139,000 in 2012 If

question 69

True/False

The § 179 deduction can exceed $139,000 in 2012 if the taxpayer had a § 179 amount which exceeded the taxable income limitation in the prior year.

---

Definitions:

Marketing Mix

A framework consisting of the four Ps (product, price, place, and promotion) that marketers adjust to meet the needs of their target market.

Price

The sum of money anticipated, demanded, or provided as compensation for something.

Product

Any item or service offered by a business to its customers to satisfy their needs or wants.

Environmental Forces

External factors that impact businesses and organizations, including economic, social, technological, legal, and political conditions.