The Section 179 Deduction has been great to businesses for years. But did you also know that when it is combined with equipment financing, it can literally put thousands of dollars in your pocket?
It's smart to take a look at using the Section 179 Deduction for 2014. That's because Section 179 offers incredible chance to acquire needed equipment, and increase your cash reserves at the same time. And 2014 is the perfect time to take advantage of it, as the limits have been made higher with the passage of HR 8, American Taxpayer Relief Act - if you want 2014's bottom line to look better, then act now.
This is especially true if you choose to finance the equipment you buy. How good of a deal can Financing Equipment and using Section 179 be? Take a look at the below chart:
This is it - this is "our" government bailout. Section 179 is the only government help that small and medium sized businesses are going to get, both now, and likely for the future. But as you can see, it's especially effective, particularly when combined with financed equipment. It will add to your bottom line, and ensures that you don't truly start paying for your needed equipment until well into the future.
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