Section 179 Tax Savings
Take Advantage of Section 179
Section 179 is the federal government’s tax incentive to help grow our nation’s businesses. Businesses can now take a 100% deduction of their equipment purchases in the first year up to a maximum limit of $1,080,000 versus depreciating it over time. This accelerated depreciation is great news, especially for growing businesses whether they are small or large. To take advantage of Section 179’s tax benefits the equipment must be purchased and put in use before December 31st of that tax year.
This year, the limit is reduced by the amount by which the cost of Section 179 property placed in service exceeds $2,620,000.
Save Big With Section 179
- Find the equipment you want
- Finance it over the term that works best for your business
- Receive a 100% tax deduction on this year’s taxes (up to $1,050,000)
- Calculate your tax savings by clicking on the calculator below
- Start using your new equipment and watch your sales increase
Calculate Below
Save Big With Section 179
- Find the equipment you want
- Finance it over the term that works best for your business
- Receive a 100% tax deduction on this year’s taxes (up to $1,050,000)
- Calculate your tax savings by clicking on the calculator below
- Start using your new equipment and watch your sales increase
Why Section 179 Can Make a Difference for Your Business
If you’re a growing business, you’re probably investing money back into your business. If not, you may be falling behind your competition who are upgrading their equipment to increase productivity and growth. Amerifund provides economical equipment financing that makes sense for your business to acquire its new equipment.
Ask about our 90 day seasonal or deferral programs.
Calculate Your Tax Savings
It’s easy to acquire your equipment this year and watch your taxes decrease! Use our calculator to estimate your tax savings by investing in equipment this year.
Enter your “Equipment Cost” and our calculator will show your savings.
Calculator
*We recommend always checking with your CPA or Tax Attorney for your specific tax situation. https://www.irs.gov/publications/p946
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Legal Disclaimer: Amerifund Inc. does not represent nor are we associated with American Funds | Capital Group
