Section 179 Property

Term Main definition
Section 179 Property
  •     Equipment (machines, etc.) purchased for business use
  •     Tangible personal property used in business
  •     Business vehicles with a gross vehicle weight in excess of 6,000 lbs
  •     Computers
  •     Computer software (available "Off-the-Shelf" not custom-written)
  •     Office furniture
  •     Office equipment
  •     Property attached to your building that is not a structural component of the building (i.e.: a printing press, large manufacturing tools and equipment)