Tom has a successful business with $100,000 of taxable income before the election to expense in 2017.

One option is to utilize Section 179 which, by election, would allow you to expense $_____ of the cost of the machine in 2017. If the Section 179 election is not made and assuming no bonus depreciation is taken, you would be allowed a MACRS deduction of $____. Bottom line, I would recommend theSection 179 election