Tax Incentives
New for 2022
Invest and Save with SECTION 179
WRITE-OFF $1,050,000 IN EQUIPMENT FOR 2022 WITH SECTION 179 TAX DEDUCTION
SECTION 179 FEDERAL INCOME TAX DEDUCTION This deduction allows a company to deduct the first $1,050,000 of equipment purchased in 2022.
BONUS DEPRECIATION In addition to the Section 179 Tax Deduction, businesses can also take a 100% depreciation on both new and used equipment after exceeding the $1,050,000 write-off.
There is no better time than now to take advantage of this excellent tax incentive.
**Always check with your accountant to confirm eligibility for tax benefits.