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Interested in the savings offers by the Section 179 Tax Deduction for your next equipment need? You’re in the right place.
The Section 179 tax deduction allows you to deduct up to 100% of equipment purchases this year. In a 35% tax bracket, that means you can get up to 35% off your next equipment purchase! Consult your tax advisor for application to your specific situation.
It’s important to act now! At this time, Section 179 benefits are scheduled to expire at the end of 2022.
The calculator presents a potential tax scenario based on typical assumptions that may not apply to your business. This page and calculator are not tax advice. The indicated tax treatment applies only to transactions deemed to reflect a purchase of the equipment or a capitalized lease purchase transaction. Please consult your tax advisor to determine the tax ramifications of acquiring equipment or software for your business.