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Section 179 Expense Deduction

Save on Taxes Using Section 179 Deduction before the end of 2016!

Only weeks left to take advantage of Section 179 Expense Deductions

  • Businesses may be entitled to deduct up to $500,000 of the cost of qualifying equipment acquisitions in the year the qualifying equipment is placed into service.
  • New or used equipment and/or retail software may qualify.
  • Non-tax capital leases and equipment finance agreements may also qualify.
  • There is a maximum cap on business property that qualifies for Section 179 deduction each year (this was $2M in 2015)

To access the online 2016 Section 179 Tax Deduction Calculator and estimate your potential savings click this link.

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This information is for informational purposes only, and is not intended to provide, and should not be relied on for tax advice. You should consult your own tax advisor or your accountant before engaging in any transaction.