SECTION 179 DEDUCTION
INVEST IN YOUR BUSINESS WHILE LOWERING YOUR TAXES
Thinking about adding new water blasting equipment to your fleet? Need to upgrade your equipment? With the end of the year fast approaching, now is the best time to invest in your business while lowering your taxes by taking advantage of Section 179 tax incentive. |
ABOUT SECTION 179
Section 179 Tax Deduction allows businesses to deduct the FULL amount of new or used equipment purchase price, not to exceed $1,050,000. To capture these savings for the 2021 tax year, eligible equipment must be financed, leased or purchased between January 1, 2021 and December 31, 2021. The equipment must also be put into service (delivered to your company and ready to work) before midnight on December 31, 2021.
See the Section 179 Tax Deduction calculator to estimate your savings.
For more information, visit www.section179.org. *Please consult your tax consultant for additional details.
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