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NW ND | most 2009 income is being rolled into 2010, not by choice
same thing happened this year, (2008 rolled into 2009)
should i bite the bullet and pay the taxes, keeping some/most/all of the depreciation for the upcoming years, or should I take advantage of section 179 this year, and pay way more taxes next year?
My thinking right now is to only claim enough 179 to stay out of the XX% tax bracket, and keep the depreciation.
the way the gov't is spending, i can't see rates going down.
any suggestions? I guess its a good problem to have, there have been many years that its not a worry.
another question: I used income averaging last year, can it be used again for '09? (too late to call the tax man)
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another tax question - section 179
