Section 179 Tax Deduction on Your Purchase Through Dec. 31, 2013
Here at I-80 Equipment, we know that having quality machinery and equipment is just as crucial as having a solid crew of employees. For that reason, we offer a special finance program designed to help anyone obtain quality reconditioned equipment. I-80 Equipment works with all types of credit and offers custom financing options at very competitive interest rates.
Did you know that your purchase may qualify for a Section 179 depreciation deduction? The Section 179 tax credit is not just for new trucks or equipment. Used commercial trucks qualify for this program as long as the equipment is placed into service by the end of this year. Under Section 179, businesses may write off expenses on new and used equipment, up to $500,000. Think of it as a program that allows you to deduct the full purchase price of any equipment that you purchase throughout the year. Not just a portion of the price, the full purchase price. This serves as a huge benefit for small businesses looking to increase profitability.
How can you take advantage of the tax credit?
To find out what you qualify for, contact our sales team at 888-949-3701. They’ll walk through a few quick, and simple steps to help you take advantage of this tax incentive while it lasts. Or, for more detailed information on how the Section 179 program works you can visit the official site.