2008 has brought substantial changes to Section 179. These changed include the deduction limits almost doubling and a new one time bonus 50% bonus depreciation once that limit is reached. This amounts to attractive savings for your business this year and heightened purchasing power.

Section 179 allows you to write off the full purchase price of equipment purchase (up to $250,000.00) and also allows a first-year bonus for any over-limit equipment. This allows for immediate tax relief. For more information please see Section179.org.

HOW MUCH CAN YOU SAVE? TRY OUR SAVINGS CALCULATOR: