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Don't Miss Out On Potential Tax Benefits in 2019

October 9th, 2019 at 8:40 am

Businesses have ongoing incentives to acquire and install capital equipment. The Tax Cuts and Jobs Act of 2017 made significant changes to both Section 179 and bonus depreciation. These changes continue to be in effect for 2019 and when used together may allow businesses to deduct up to 100% of capital purchases.

Deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year.

That means that if you buy (or lease) a piece of qualifying equipment, you can deduct the FULL PURCHASE PRICE from your gross income.

EF-Section-179-flyer.pdf

GF Machining Special Financing.pdf

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