Section 179
If you qualify, buy your equipment before December 31. Starting this year, you can write off up to $1 million on your IRS tax return!
What is Section 179?
This IRS tax deduction allows businesses to expense 100% of the purchase price (up to $1 million) of equipment purchased, financed in the current tax year. Consult your tax preparer to see if you qualify and determine what purchases you can expense.