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TITLE 11 DEPARTMENT OF HEALTH CHAPTER 179 PAYMENT FEES FOR COMMUNITY MENTAL HEALTH CENTERS 111791 Purpose 111792 Definitions 111793 Liability for fees 111794 Right to appeal 111791 Purpose. The purpose
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Chapter 179 refers to a specific section of the tax code that provides for the deduction of certain expenses related to business assets.
Any taxpayer who incurs qualified expenses for business assets may be required to file Chapter 179.
To fill out Chapter 179, taxpayers must calculate their qualified expenses for business assets and report them on the appropriate tax forms.
The purpose of Chapter 179 is to incentivize businesses to invest in new equipment and other assets by allowing them to deduct a portion of the expenses related to these assets.
Taxpayers must report the total amount of qualified expenses for business assets, as well as any other relevant information required by the tax code.
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