Section 179 allows manufacturers to deduct the full cost of qualifying equipment and software in the year of purchase, rather than depreciating over time. This powerful tax incentive can provide immediate cash flow benefits and significant tax savings for manufacturing businesses investing in new equipment, machinery, and technology.
Maximize your manufacturing equipment investments with strategic Section 179 planning and implementation.
Deduct the full cost of qualifying equipment up to $1,160,000 in the year of purchase, providing immediate cash flow benefits.
Lower your overall tax burden and improve cash flow by reducing taxable income in the year of equipment purchase.
Qualifying property includes manufacturing equipment, machinery, computers, software, and business vehicles.
Section 179 deductions typically don't trigger alternative minimum tax (AMT) for most manufacturing businesses.
Can be combined with bonus depreciation for maximum tax benefits on qualifying equipment purchases.
Understanding the requirements ensures you maximize your Section 179 benefits while maintaining compliance.
Comprehensive analysis of your equipment needs and Section 179 qualification requirements.
Strategic timing of equipment purchases to maximize deduction benefits and tax savings.
Proper documentation and record-keeping for Section 179 claims and compliance.
Integration with overall tax strategy and business planning for maximum benefits.
Our manufacturing tax experts will help you identify qualifying equipment, optimize timing, and maximize your tax savings through strategic Section 179 planning.