How much can I save with Section 179?

Calculate your savings below by typing in the cost of your equipment in the "Amount" field.

With Section 179, you can deduct the cost of financed equipment on your tax returns.

Monetary Limits

Until further notice, businesses that purchase $2 million or less in equipment within the tax year can deduct up to $500,000 of that expense.

Restrictions

The equipment you purchase must be new to you in 2016. However, you will still be eligible if it's used equipment you recently purchased.

Qualifying Equipment

Section 179 primarily applies to assets like machinery, tractors, trucks, computers, and other similar equipment.

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Direct Capital has helped me to manage my business when cash flow is particularly slow. They have really eased the stress of running a small business, and make it easy to repay the loan. Ed May, Mayfair Concrete Restoration

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