Small-business owners who made a substantial equipment investment in 2015 can head into the new year knowing they will be able to claim a deduction on those purchases to the tune of $500,000 come tax time. And businesses that have kept their spending in check because of the uncertainty surrounding the Section 179 limit, still have time to take advantage of the full deduction. They just have to act fast. Equipment must be purchased and put into service by year’s end to qualify.As it did in December 2014 and years prior, Congress recently extended the $500,000 Section 179 deduction that
