Solitary pixies tend to be bigger and if they are associated with houses or farms are often naked, hence the pixy clothes story. There is also a tendency, true of other fairy breeds too, for pixy to be equated or confused with Wil-Oâ-The-Wisp.
Section 179 depreciation deduction. Section 179 of the United States Internal Revenue Code (26 U.S.C. Â§ 179), allows a taxpayer to elect to deduct the cost of certain types of property on their income taxes as an expense, rather than requiring the cost of the property to be capitalized and depreciated.
Section 179 deductions are set up similarly to bonus depreciation but they can be on used equipment or vehicles. Read more about considerations in taking Section 179 deductions. Update: Effective with 2015 business tax returns, Section 179 deductions have been made permanent, as noted above.