Depreciation on new equipment

[Man with a camera]

I am a sole proporietor. My business purchased new equipment
ranging from Studio equipment to office equipment. Is there
a way to take a full one time depreciation on this equipment
rather than spreading it out over the life of that
equipment?

Ray Thomas

 

[Paul A Thomas]

I am a sole proporietor. My business purchased new equipment
ranging from Studio equipment to office equipment. Is there
a way to take a full one time depreciation on this equipment
rather than spreading it out over the life of that
equipment?

There are income limits, but Section 179 is available to
fully expense the equipment.