Section 179 Deduction

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Section 179 Deduction


Section 179 Deduction


Section 179 can provide you with significant tax relief for this 2018 tax year, but equipment and software must be financed and in place by midnight December 31, 2018.

Year-end check list

– Will Your Company End This Year with a Profit?

– Do You Want to Give it All to Uncle Sam?

– Has Your Accountant Suggested You Buy Something?

– Did You Know the Corporate Tax Rate is 35% on Your Profits?

How Much Can I Save on My Taxes in 2018?

It depends on the amount of qualifying equipment and software that you purchase and put into use. See the Section 179 details that’s fully updated for 2018, and includes any/all increases from any future legislation.

Section 179 Details

When Do I Have to Do This By?

Section 179 for 2018 expires midnight, 12/31/2018. If you wish to deduct the full price of your equipment from your 2018 taxes and take advantage of the new higher deduction limits, it must be purchased and put into service by then.