Equipment leasing can be a beneficial financing tool for small businesses in a wide range of industries. Here are five reasons you should consider leasing instead of buying your next major equipment purchase.
0 Comments Click here to read/write comments
Topics: Equipment Financing, Equipment Leasing, Equipment Funding, Tax Savings, Section 179, Small Business Management
Are you a business seeking to purchase or lease new furniture, technologies, machinery, or other equipment? If so, there is an incentive for you under Section 179. The tax benefit under Section 179 allows immediate tax deductions for qualified purchases. Specifically, the Tax Cuts and Jobs Act of 2017 allows businesses to make individual deductions of up to $1,000,000 for asset purchases capped at $2,500,000.
0 Comments Click here to read/write comments
Topics: Equipment Financing, Equipment Leasing, Equipment Leasing Strategy, Tax Savings, Section 179, Tax Benefits
Are you aware that your business is eligible to receive tax deductions on equipment leased or purchased?
Under the Section 179 tax code, businesses receive an increased tax deduction based on the purchase or finance of qualifying business equipment.
0 Comments Click here to read/write comments
Topics: Equipment Financing, Equipment Leasing, Equipment Funding, Equipment Leasing Strategy, Tax Savings, Section 179
