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Have you heard about the Section 179 tax deduction for 2018?  Be sure to take advantage before it expires at the end of the year!

Section 179 tax deduction provides businesses the allowable deduction limit of $1,000,000 on the cost of new and used capital equipment purchased with an investment cap of $2,500,000.  In addition, Bonus Depreciation can be combined with the Section 179 deduction for additional savings, enabling you to take additional depreciation on new and used (new to you) capital equipment purchases.  Your equipment must be financed or purchased by December 31, 2018.

At Eis Implement, we aim to make people and properties prosper.  The information provided is not and should not be construed as tax advice.  We strongly recommend that you consult with your tax advisor regarding how these tax-savings opportunities apply in your situation.  If it's decided that a purchase is the right move, let us help you implement success on your own property with new equipment before the New Year.  Stop in or call us today to learn more. 

Eis Implement.  Down to Earth.