New for 2023
Invest and Save with SECTION 179
WRITE-OFF $1,160,000 IN EQUIPMENT FOR 2023 WITH SECTION 179 TAX DEDUCTION
SECTION 179 FEDERAL INCOME TAX DEDUCTION This deduction allows a company to deduct the first $1,160,000 of equipment purchased in 2023, increased $80,000 from last year.
Your business can now deduct the entire cost of qualified equipment up to a total equipment purchase limit of $2.8 million.
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.