Are you considering purchasing material handling equipment in the current tax year?
Section 179 can save your company a lot of money!
Now is the time to make your move!
Known as the Section 179 deduction, purchase made before the end of this year qualify for an immediate tax deduction. As opposed to taking smaller write offs on the equipment over several years. The maximum deduction has been raised to $1,040,000 for the remainder of the year!
100% Bonus Deprecation for 2020!
*Tax brackets may differ from 10%-37%
Write-off the Entire Purchase Price of:
Complete Integrated Systems
To take the deduction for tax year 2020, the equipment must be financed or purchased and put into service between January 1, 2020 and the end of the day on December 31, 2020.
For more information please contact an automation specialist at 1-877-619-6763 or contact us below!