For several years now, capital expenses for small businesses have qualified for a special extra deduction on federal taxes.That changes this year — unless it doesn’t.Confused? You’re not alone.The tax provision is called Section 179 of the Internal Revenue Code. Section 179 allows small-business owners to take an immediate tax deduction for the full purchase price of qualifying new equipment in the year it is purchased, instead of spreading the deduction over several years as the asset depreciates.Historically, Section 179 capped the immediate deduction at $25,000, says Pat Hintz, a tax attorney with the law firm of Quarles & Brady
