The United States Internal Revenue Code (26 U.S.C. § 179) permits businesses to take various types of deductions annually. Expenses to enhance your company’s image maybe eligible for deductions. We strongly recommend that you consult your tax professional. Take advantage of the savings by 12/31/19.
The calculator presents a potential tax scenario based on typical assumptions that may not apply to your business. This page and calculator are not tax advice. The indicated tax treatment applies only to transactions deemed to reflect a purchase of the equipment or a capitalized lease purchase transaction. Please consult your tax advisor to determine the tax ramifications of acquiring equipment or software for your business.