Section 179 Deduction:

Maximum deduction .......... $250,000

Qualifying property limit .... $800,000

SUV deduction limit ............$25,000

Depreciation Limits (First Year):

Luxury autos - no bonus ............... $2,960

Luxury autos - with bonus .......... $10,960

Light trucks/vans - no bonus ........ $3,160

Light trucks/vans - with bonus .... $11,160

Business Standard Mileage Rate:

January - June ........... $0.505

July - December ......... $0.585

Depreciation portion .. $0.21

SIMPLE IRA plan contributions limits:

Under age 50 ........ $10,500

Age 50 or older ..... $13,000

401(k), 403(b), 457 and SARSEP elective deferral limits:

Under age 50 ........ $15,500

Age 50 or older ..... $20,500

Other Retirement limits:

Profit-sharing plan / SEP contribution limit:  $46,000

Compensation limit (for employer contributions to profit sharing plans):  $230,000

Defined benefit plans (annual benefit limit):  $185,000

"Key employee" compensation threshold:  $150,000

"Highly compensated" employee threshold:  $105,000