Added Section 179 Limits

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2026-06-05 05:55:43 -05:00
parent 4072695432
commit dfd999b6a9
11 changed files with 454 additions and 16 deletions

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@@ -291,6 +291,17 @@
and any leasehold-improvement life. Zones are managed in <strong>Admin Application Configuration Depreciation zones</strong>
(create your own, set the allowance %, date window, and notes).
</p>
<p>
A zone can instead (or also) carry an <strong>increased §179 limit</strong> this is how
<strong>Enterprise / Empowerment Zone</strong> property is handled. Set the zones <em>§179 limit increase</em>
(e.g. +$35,000 for 20022020) and its <em>§179 cost factor</em> (e.g. 0.5, meaning only 50% of the propertys cost counts
toward the investment-phaseout threshold). When such a zone is assigned to an asset placed in service within the window,
the federal books §179 deduction may exceed the standard annual limit by that increase. The base annual §179 deduction
limits and phaseout thresholds themselves are maintained in
<strong>Admin Application Configuration Section 179 limits</strong>; the engine caps each assets §179 deduction at the
applicable years limit (less any dollar-for-dollar phaseout). If no limit is configured for an assets placed-in-service
year, the entered §179 amount is left uncapped.
</p>
<h3>The PM (maintenance) book</h3>
<p>
@@ -620,7 +631,7 @@
<h2>Administration</h2>
<p>
<strong>Admin</strong> (admin role) is where the application is configured. It is split into three sub-screens in the
navigation rail: <strong>Users &amp; Teams</strong>, <strong>Application Configuration</strong> (application settings, asset classes, depreciation zones, asset ID templates, asset categories,
navigation rail: <strong>Users &amp; Teams</strong>, <strong>Application Configuration</strong> (application settings, asset classes, depreciation zones, Section 179 limits, asset ID templates, asset categories,
asset departments, PM categories, parts categories, maintenance defaults, tax rule sets), and <strong>Integrations</strong> (email, webhook, ServiceNow, Workday). Each is described below.
</p>