JET MACHINERY QUALIFIES FOR TAX DEDUCTION SAVINGS FOR YOUR 2019 PURCHASES.
Section 179 of the IRS tax code allows businesses to deduct the full purchase price of *qualifying equipment purchased or leased in the tax year.
- Businesses can deduct the full price from their gross income.
- Section 179 allows businesses to write off the entire purchase price for qualifying equipment for the current tax year.
- JET machinery qualifies for the Section 179 deduction. The entire cost of qualifying equipment can be written-off on the 2019 tax return up to $1,000,000.
Section 179 on the link above to read the full details and calculate your 2019 savings.
*For a complete list of qualifying equipment, please consult with your CPA or Tax Attorney to confirm equipment meets Section 179 requirements prior to purchasing.