Saving your business money with Section 179 is not as complicated as you may think. The IRS tax code allows businesses to deduct the full cost of qualified equipment leased or financed during this tax year (from their gross income). Section 179 is a U.S. government incentive, which allows businesses to invest in themselves and buy needed equipment. In the past, qualifying purchases and financing needed to be written off in increments over time through depreciation. Section 179 is beneficial to businesses, because it gives companies the opportunity to write off their equipment purchases all at once.
Millions of small businesses are benefiting from section 179! Visit Section 179.org and learn more about qualifying companies and tax deductions.
*To qualify for the 2019 tax deduction, equipment must be financed/purchased and put into service between January 1, 2019, and the end of the day on December 31, 2019. Visit Section179.org for official tax deduction details.