Tax Deduction for Business Equipment

Section 179 Tax Deduction
for Business Equipment

This could be the most beneficial business decision you make this year!

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Section 179 of the Internal Revenue Code encourages small businesses to invest in their growth by providing accelerated depreciation and tax deductions on qualifying business purchases.
All businesses that finance equipment during tax year 2023 may be eligible to deduct the full purchase price from their pre-tax income.
Up to $1,160,000 of qualifying equipment may be written-off on your 2023 tax return.
To qualify for the Section 179 Deduction, the equipment must be put into use between January 1,2023 and December 31, 2023.