Beauty and Wellness Business Books Cleanup A product rate is not an election
Someone changed the bottle price and asked if that made the dryer election. Changing what the register charges does not elect anything.
Bring the assetA price and an election happen in different places
The product rate is what you charge, or the factor you use to guess cost. It lives in the register. An election lives on the return. Expensing a dryer, a chair, or a table under section 179 is an election for the tax year the item was placed in service. Typing a new retail price in March does not make that election, and it does not undo one.
A tax year that begins in 2026 takes its ceilings from Revenue Procedure 2025-32. Section 179 is limited to $2,560,000. Once section 179 property placed in service costs more than $4,090,000, that procedure begins to phase the deduction out. A sport utility vehicle stops at $32,000. A dryer is not a sport utility vehicle, so the dryer does not use that cap. Most salon equipment sits under the main limit. Naming the procedure keeps an old round number from another year off the return.
The books and the return have to tell the same story
If the dryer was entered all year as a supply, the return should not suddenly treat it as a depreciable asset you then expense, unless you are willing to fix the books first. If it was entered as equipment, the election expenses it on the return. The order is the books, then the election. The product rate never enters that order.
Product you buy to resell is a different account from equipment you buy to keep. The resale page is resale bottles.
Name the equipment
You will be talking to the Steven Palmieri practice.