If you saw our Black Friday flyer last week and are still interested in scoring some awesome copier deals to meet your end-of-year spending, you’re in luck!
…and don’t forget to take advantage of the 2022 Section 179.
What is the Section 179 Deduction?
Most people think the Section 179 deduction is some mysterious or complicated tax code. It really isn’t, as you will see below.
Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. That means that if you buy (or lease) a piece of qualifying equipment, you can deduct the FULL PURCHASE PRICE from your gross income. It’s an incentive created by the U.S. government to encourage businesses to buy equipment and invest in themselves.
Today, Section 179 is one of the few government incentives available to small businesses and has been included in many of the recent Stimulus Acts and Congressional Tax Bills. Although large businesses also benefit from Section 179 or Bonus Depreciation, the original target of this legislation was much-needed tax relief for small businesses – and millions of small businesses are actually taking action and getting real benefits.
Whether you need new copiers, scanners, shredders, or desktop printers, we’re here to help you.
From consultation to delivery, our sales team will lighten the load and make the process as seamless as possible.
Do you have equipment leases expiring within the next twelve months? Give us a call, and we’ll advise you on the next step and your best options.
Kick-off 2023 on a high note! Save time, money, and frustration in your buying process. Give Laser Line a call, and we’ll help you get the equipment you need and the service you deserve!