Section 179 of the IRS Tax Code allows businesses to deduct the full purchase price of qualifying equipment and software purchased or financed during the tax year. This means that if you buy or finance qualifying equipment, you can deduct the full purchase price from your gross income. It’s an incentive created by the U.S. government to encourage businesses to invest in themselves. The deduction applies to new and used equipment, as well as off-the-shelf software.
Maximize profits with the Section 179 tax deduction without any payments this year. LeasePoint makes it easier than ever to invest in your business and enhance your bottom line by approving all credit profiles. Within 24 hours, you can purchase the equipment you need with an affordable monthly payment that starts next year.
LeasePoint does not provide legal or tax advice • Please contact an authorized tax advisor or visit irs.gov to confirm your equipment qualifies for this tax benefit • The amount of cash savings is an example used for estimation purposes only • Other terms and conditions may apply • Claim your savings using IRS Form 4562
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