DON’T MISS THE DEADLINE FOR TAX BENEFITS FROM SECTION 179
We want to remind you there are less than three months remaining to take advantage of the Section 179 deduction. This allows businesses to deduct the full cost of qualified equipment from their 2017 taxes, up to $500,000, with a “total equipment purchased for the year” allowance of $2,000,000.
To take advantage of Section 179 the NEW or USED equipment must be purchased and put into service by 11:59 pm on Dec. 31, 2017.
Business equipment including, machinery, computers, office furniture, storage tanks, signage, and any other commercial equipment.
Most trucks and vehicles designed for commercial use.
Vehicles with 6,000+ pounds GVW (gross vehicle weight) qualify; however, they are limited to a $25,000 deduction.
Off-the-shelf software that is not substantially modified.
Use our Payment Calculator for a quick estimate of your monthly lease payments.
Give us a call if you have any questions. Don’t wait and miss out, take the first step and apply for financing now here.
*DISCLAIMER: The qualifying information is not intended to provide legal or accounting advice, or to address specific situations. Please consult your legal or tax advisor.