The IRS has released inflation-adjusted figures for the Sec. 179 expensing election. This break allows you to deduct the cost of purchasing eligible business assets rather than depreciating them over multiple years. An annual limit applies, which begins to phase out dollar-for-dollar when acquisitions for the year exceed the phaseout threshold. Both amounts are annually adjusted for inflation. For qualifying property placed in service in 2027, the expensing limit will be $2.64 million, and the break will begin to phase out when acquisitions exceed $4.23 million. These figures are up from $2.56 million and $4.09 million, respectively, for 2026. Contact us for details.
