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    Taxes

    Emily Buenzle - Wed November 29, 2017

    Year-End Equipment Purchases? Take Advantage of Tax Deductions

    Time is running out for equipment buyers to take advantage of claiming Section 179 tax deductions of $500,000 and 50 percent bonus depreciation. The Tax Increase Prevention Act of 2014, which was signed into law in December of that year, allows those buying certain types of qualifying equipment to write off more of the cost of the piece immediately via bonus depreciation, and/or through Section 179 expensing, according to financial tech company, Accruit....


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