Now Is The Time To Upgrade Your 505!
Capitalize on your Section 179
Tax Deduction with an Rx3i
- Deduction limit: $1,050,000
- Limit on Capital Purchases: $2,620,000
- Bonus Depreciation: 100%
- Purchase and Possession Deadline: 12/31/2021
Businesses have ongoing incentives to acquire and install capital equipment. The Tax Cuts and Jobs Act of 2017 made significant changes to both Section 179 and bonus depreciation. These changes continue to be in effect for 2021 and when used together may allow businesses to deduct up to 100% of capital purchases.
Speak to a qualified tax professional familiar with your specific business circumstances.