There are various factors that appeal to the section 179 deduction to reduce taxable income, and a few of them I have stated below for a taxpayer to consider:

• The time value of money should be considered when evaluating the use of timing techniques when deciding whether to recognize or defer depreciation expense.
• Future tax law should be considered when evaluating the timing of depreciation expense recognition.
• The individual circumstances of the taxpayer should be considered when assessing the timing of depreciation expense (i.e., depreciable period).
• Shifting of income among taxpayers and jurisdictions is a common type of tax planning. It is not considered when evaluating the use of timing techniques. A type of tax planning, the timing of income recognition should evaluate the use of (1) the time value of money, (2) future tax law, and (3) individual circumstances of the taxpayer.