Section 179

It's never to early to start looking at your taxes to see where you can save your business money! The Section 179 tax deduction limit is set at $1,160,000 for all of 2023. Businesses like yours will be able to deduct the full cost of business essential equipment purchased/financed in 2023 up to $1,160,000*. This includes both new and used equipment purchased and placed in service. Section 179 can provide you with a tax relief for the 2023 tax year, but your equipment must be purchased/financed and in place by midnight of December 31st, 2023.

Bonus depreciation is set at 80% for equipment acquired and placed in service in 2023.

DEDUCTION

Section 179 Benefits

Equipment deduction limit up to $1,160,000

DEPRECIATION

Section 179 Bonus Depreciation

Bonus depreciation is set at 80% for equipment acquired and placed in service in 2023.

EQUIPMENT

Section 179 Bonus Depreciation

Section 179 applies to both NEW or USED equipment financed in Fiscal year 2023

FINANCING

Section 179 Bonus Depreciation

Already know about Section 179 and need Fast efficient financing before the end of the year?

EQUIPMENT FINANCING WITH AP

  • Application only financing

  • Financing in as little as 24 hours

  • Seasonal Payment Options

  • ABILITY TO HELP YOU FIND AND FINANCE YOUR EQUIPMENT

Calculate your Section 179 Tax Savings!

Calculate how much you could potentially save on your taxes by financing equipment this tax year!


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Tax calculation is only an example for illustrative purposes.
Bonus depreciation applies to new equipment only. Consult your tax advisor regarding Section 179 and the specific impact on your business.


2 letter abbreviation