There is still time to take advantage of Section 179 of the IRS tax code and save big before 2014 is over. Thanks to Section 179 of the IRS tax code, businesses are allowed to deduct equipment purchases of up to $25,000 from 2014 taxes.
If you purchase or finance new or used qualifying equipment, you can deduct the full purchase price up to $25,000 and includes adjustment for inflation. All businesses who purchase, finance and/or lease less than $200,000 worth of new or used equipment in 2014 are eligible for this deduction. This offer expires on 12/31/2014 at midnight and equipment must be bought and put into use before the midnight deadline.
MidCo Material Handling and Mid Columbia Forklift maintain extensive inventories of new and used equipment eligible for the Section 179 tax deduction. Contact us today to learn how you can save big by taking advantage of Section 179.