section 179

Alpaca Taxes 2007: Section 179 Deduction

By Steve | Published March 25th, 2011

In 2003 alpaca tax benefits got a lot better due to the “Jobs and Growth Reconciliation Tax Act.” which was enacted into law on May 28, 2003. The new rules added several powerful incentives for people who buy alpacas. The 179 deduction which is the cornerstone of this act has been raised to $112,000 for…

UA-16617115-1