Benefit from the 179 Tax Incentive for Business Technology 

This deduction is good on new and used equipment.  The equipment must be financed or purchased between January 1, 2019 and the end of the day on December 31, 2019.

Section 179 encourages small businesses to invest in their growth by providing accelerated depreciation and tax deductions on qualifying business purchases.

Benefits of Section 179

  • Created to help businesses
  • Must be used by end of year
  • Valid on most types of equipment

Some Business Equipment included under Section 179

Consult with your certified public accountant for details.  

Click here to view Leasing Section+179_2019

Looking for more information?  Click here  or call 201-512-3900

For more information, go to:

https://www.irs.gov/newsroom/irs-issues-guidance-on-section-179-expenses-and-section-168g-depreciation-under-tax-cuts-and-jobs-act

 

Section 179 Deduction

 

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