Section 179 expensing

An election under IRC §179 that allows businesses to deduct the full cost of qualifying property in the year it's placed in service, rather than depreciating it over time. The 2025 limit is $1,220,000, subject to phase-out for high-asset years. Cannot create a tax loss (limited to business taxable income). Subject to recapture rules if the property is later sold or the business use drops below 50%.