Home > Business Ideas & DFX > Grab Your Section 179 Tax Deduction On Our Bundled SystemsGrab Your Section 179 Tax Deduction On Our Bundled Systems New Bundles! -Buy Online and Deduct it ALL. What is Section 179?Section 179 of the IRS Code was enacted to help small businesses by allowing them to take a depreciation deduction for certain assets (capital expenditures) in the SAME YEAR they are purchased. No having to wait to depreciate them over a longer period of time.There is a clear benefit to taking the full deduction for the cost of the item immediately, rather than being required to spread out the deduction over the item’s useful life. If your business is successful Apply Online Now If you’ve been waiting, now is the time to invest!See if you qualify to own your own Digital Heat FX Custom T-Shirt System. By financing a year end equipment need, you can dramatically lower your net investment required to purchase the equipment while preserving your cash and maximizing cash flow. Information provided by Red Thread Financial – to apply online for equipment financing by Red Thread Click HereProgram DetailsThe deduction limit for Section 179 is $500,000 – if you finance or lease a piece of equipment, you can deduct the full purchase price up to $500,000.The 2017 Section 179 deduction threshold for total amount of equipment that can be purchased is $2,000,000.50% bonus depreciation was reinstated for the tax year 2016 and extended through 2019: for equipment purchases over $500,000, you can deduct an additional 50% of the amount over $500,000.Information provided by Red Thread Financial – to apply online for equipment financing by Red Thread Click HereTalk to your trusted tax professional to determine the benefits of section 179 may have for your business. Each business is a unique and your specific tax benefits may vary. Get Approved for Financing Now Tweet Pin It Related Posts Colman and Company Embroidery Scrapbook Info: Send pics = Get $$$ Digital HeatFX EZ Peel Instructions Learn More About The Paper Savers Club 6 No-Fail Networking Tips Are You Working ON Your Business?