Save on a MultiCam CNC Machine with the Section 179 Tax Deduction

Thursday July 5th, 2018

  2018 Overview Deduction Limit: $1,000,000 Spending Cap on Equipment Purchases: $2,500,000 Bonus Depreciation: 100% for 2018 What is Section 179? Section 179 is a Tax Code deduction which allows businesses to deduct the full purchase of qualifying equipment and/or software purchased or financed during the current tax year. How does Section 179 work? Rather…