SECTION 179 TAX DEDUCTIONS
Utilize your Section 179 Tax Deduction before the end of the year. Learn how to invest in essential equipment for your needs.
How it works: Section 179 serves as a tax benefit enabling businesses to deduct the complete purchase amount of eligible equipment bought or financed within the tax year. This initiative, established by the U.S. government, aims to stimulate businesses to invest in capital equipment, enhance their operations, and boost revenue.
2025 Deduction Limit: $1,250
2025 Spending Cap: $3,130,000
2025 Bonus Depreciation: 40%
The deduction works for new and used equipment purchases. Qualified financing is available for Section 179 as well.
This sets the limit on equipment spending before the deduction for your company starts decreasing dollar for dollar. Bonus depreciation is an option for companies who spend more than this limit.
Bonus Depreciation is mostly taken by companies who have spent over the cap. It is available for both new and used equipment.
