paul- to add to your good explanation for the benefit of those not too familiar....in "98 my CPA said I could buy some machine up to $13,000 and write it off with section 179, or pay lots of tax to Uncle Sam. I bought my first good skidloader for $12,900, and wrote it off. Then no ensuing annual depreciation.
Current 179 limit is $25,000, I think. In between years it slowly increased to what, $250,000 a couple of years ago? Now much lower. The inconsistency/uncertainty of tax law is a pain to deal with, with yearly adjustments.
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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