Tax Guru – Ker$tetter Letter

Helping real people win the tax game.

  • Enter your email address to subscribe to this blog and receive notifications of new posts by email.

    Join 690 other subscribers

  • Blog Stats

    • 327,316 hits

  • Posts By Day

    June 2005
    M T W T F S S
     12345
    6789101112
    13141516171819
    20212223242526
    27282930  

  • Subscribe

  • Special Pages

Archive for June 2nd, 2005

Posted by taxguru on June 2, 2005

Q:

Subject: Section 179 expensing

I find your blog to be very informative.
 
Would you please explain to me how a C corp is able to deduct its own 179 expenses in addition to what is claimed on the 1040s of the owners?
 
Your response would be most appreciated.

 

A:

This is covered in my article on the differences between C and S corps:
http://taxguru.org/corps/scorp.htm

Kerry Kerstetter

Posted in 179 | Comments Off on