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Are all businesses required to depreciate or amortize capital expenses?

April 26, 2017Amortize businesses Capital depreciate expenses

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Are all businesses required to depreciate or amortize capital expenses?

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No. Section 179 of the Internal Revenue Code allows small businesses to take a current deduction on most types of capital expenditures. A small business may deduct up to $105,000 in capital expenses through 2007. In 2008, however, the annual deduction limit will be reduced to $25,000.