Small-business owners have three more years to benefit from increased expensing limits under Section 179. The Jobs and Growth Act of 2003 originally increased the limit from $25,000 to $100,000, allowing small businesses to deduct up to $100,000 of their investments in depreciable assets. The increased Section 179 limit was set to expire in 2007. But recent federal legislation has extended the $100,000 limit through 2009.

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