Almost all types of equipment qualify for the Section 179 Deduction. Businesses need equipment in order to operate successfully, whether it is machinery, furniture, computer hardware or software, vehicles or other qualifying equipment. Section 179 is designed to provide incentive for businesses to invest in themselves and the equipment that they need.
* Equipment (machines, etc.) for business * Tangible personal property used for business * Business vehicles with Gross Vehicle Weight exceeding 6,000 pounds * Computer hardware and software * Office furniture and equipment * Property attached to a building that is not a structural component of the building, such as a printing press, large manufacturing tools, and equipment * Equipment purchased for a combination of business and personal use may qualify and will be based upon the percentage of time used for business purposes.
ProLease Capital Solutions, LLC does not provide tax advice. Consult a tax advisor.
