Many Tax-Related Limits Affecting Businesses Increase for 2019
A variety of the tax-related limits that affect businesses are indexed annually for inflation, and many of these have gone up for 2019. Here’s a look at some that may affect you and your business. Deductions Section 179 expensing: Limit: $1.02 million (up from $1 million) Phaseout: $2.55 million (up from $2.5 million) Income-based phase-ins […]
