Understanding the Section 179 Deduction
- This deduction is good on new and used equipment, as well as off-the-shelf software. This limit is only good for 2015, and the equipment must be financed/purchased and put into service by the end of the day, 12/31/2015.
- This is the maximum amount that can be spent on equipment before the Section 179 Deduction available to a company begins to be reduced on a dollar for dollar basis. This spending cap makes Section 179 a true “small business tax incentive”.
IPC can recommend the right equipment for your packaging processes. All you have to do is schedule an appointment with us. It is as simple as that. Many pieces of equipment that can save you money can easily be shipped, installed and paid for before 12/31. We just need to get your saving ball rolling.