Section 179 Tax Deductions for Qualified Hardware and Software Purchases

Our Trimble Hardware & Software Qualifies for Section 179 End of Year Savings!

The US government recently renewed the Section 179 Tax Code, allowing businesses to receive significant tax benefits on qualifying purchases up to $1,000,000. Did you know that your purchase of Trimble’s hardware and software solutions may qualify for Section 179 tax deductions*?

Most people think the Section 179 deduction is some mysterious or complicated tax code. It really isn’t.

Essentially, Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. That means that if you buy (or lease) a piece of 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 buy equipment and invest in themselves.

*NOTE: The Section 179 deductions are subject to applicable limitations under the Internal Revenue Code. These materials are not intended to be tax advice. You should speak with your own tax or legal advisor(s) to determine how these rules would apply in your circumstances
By |2018-11-20T17:05:48+00:00November 20th, 2018|Uncategorized|0 Comments