What Is The Difference Between Section 179 and the De Minimis Safe Harbor?

In this video, Alexander Efros, MBA, EA, CPA, CFP® from Efros Financial discusses the differences between Section 179 and the De Minimis Safe Harbor for income tax purposes. IMPORTANT: The information presented in this video is not tax advice, tax analysis, or legal advice, and it should not be construed as either of these. Consult with a qualified tax and/or legal adviser prior to acting on any of the information presented in this video. Efros Financial is a Los Angeles-based CPA firm providing financial planning and tax preparation/resolution services. Visit Efros Financial online -- we're here to help! https://www.efrosfinancial.com/ Questions? Please feel free to reach out at (323) 531-3500 or info@efrosfinancial.com.