Take advantage of 100% tax deductions before the end of the year! Section 179* allows businesses to accelerate depreciation of equipment purchased through calendar year 2018. This means great opportunity as we near the end of 2018 for customers who are purchasing equipment/truck beds and wish to maximize their financial write offs this year. In addition, there is a bonus depreciation that has been put in place to allow taxpayers the opportunity to apply bonus depreciation to those items that companies are depreciating on Section 179. Visit http://Section179.org for more information on Section 179 tax savings.
*These statements present a potential tax scenario based on typical assumptions that may or may not apply to your business. This information is not tax advice. The indicated tax treatment applies only to transactions deemed to reflect a purchase of the equipment or a capitalized lease purchase transaction. Please consult your tax advisor to determine the tax ramifications of acquiring equipment for your business.