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ACT NOW!

Acquire and put your business equipment to use before year-end!

SAVE with Section 179 Deduction Take advantage now to save on your Tax Liability.

BUSINESS EQUIPMENT 

  • The 2023 Section 179 Deduction limit before adjustment for inflation has been set at $1,160,000. 
  • $1 buyout leases and EFAs qualify for Section 179 Benefits. 

QUALIFYING EQUIPMENT UNDER SECTION 179

  • Equipment (machines, etc.) purchased for business use 
  • Tangible personal property used in business 
  • Business vehicles with a gross vehicle weight in excess of 6,000 lbs 
  • Computers and computer software 
  • Property attached to the business building that is not a structural component of the building