For better or worse, we are practically “married” to our phone these days.  It goes everywhere we go.  It has access to our most private conversations and key financial data.  It holds some of our most precious memories, in the form of pictures, sound recordings and video.

While many tax incentives for small business have been shot down in recent years, Section 179 of the IRS tax code remains one legal “loophole” worth looking into.

This year (unless Congress changes it at the last minute, which they have done in the past) Section 179 allows you to purchase up to $200,000 of qualified equipment and software, and then write off up to $25,000 as a Section 179 deduction.