Search Help

Enter one of more keywords to search. Use quotes for “exact phrase.” Note that '*' and '?' wildcards are supported.

When your search results appear, you can refine your search further: Sort for only results in which all search terms appear AND/OR sort by chronological order.

Article Date:
April 2016

Word Count:



Tax Tips for Avoiding Section 179 Recapture

Okay, so you took the big Section 179 expensing deduction on your vehicle.


How do you keep it?


You might wonder, what do we mean by “keep it”?


In tax law, there’s no free lunch. The Section 179 deduction comes with strings attached.


This article explains the strings and how you can avoid recapture. You will learn what happens when you do any of the following:



Allow your business use to drop to 50 percent or less.


Trade or otherwise exchange your Section 179 property.


Sell your Section 179 property.


Give your Section 179 property to a relative or a nonrelative.


Snake in the Grass


When you claim your Section 179 deduction, you make a deal with the government to keep your business use above 50 percent during the “designated” depreciation periods.1


If you don’t live up to your agreement, tax law throws out your Section 179 deductions. You then redo the deductions using depreciation without ... Log in to view full article.

Already a subscriber?
Email Address

You’ll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter
Not yet a subscriber?
with a money-back guarantee

Powered by Cranium Softworks - CMS, Subscription Mgmt & Web Development