What is the Section 179 Deduction?

Could you benefit from the 2016 Section 179 deduction?

Considering a purchase or one dollar buyout lease on a copier, printer or other office equipment this year? The Section 179 deduction may be able to help you save a little bit more on your equipment. The Section 179 IRS Tax deduction allows small businesses who invest in certain types of business equipment or software to write these costs off as a depreciation expense. This enables organizations to deduct the purchase price of qualified new and used hardware/software for up to 500,000 dollars.

Contact your tax accountant to determine your eligibility as as we don’t offer any legal or tax advice. If you do qualify, contact your sales rep as soon as possible —  equipment/software must be financed and in place by midnight on 12/31/2016.

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