Combine Crest Capital's 'Section 179 Qualified Financing' with your tax deduction to literally add thousands of "bottom line" dollars to your bank account. Take full advantage of Section 179 with this free report.
The Section 179 Tax Deduction means it's advantageous to purchase new or used equipment, vehicles, and/or software for your business. This free Section 179 calculator is fully updated for 2014 (including the $500,000 December "Tax Extenders" boost) – go ahead, punch in some numbers and see how much you can save this year.
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.
Section 179 got a nice boost with the "Tax Extenders Bill" just passed at the last minute by Congress in December 2014. But to take advantage of the current deduction and any retroactive raise, you must buy the equipment (and place it into service) by 12/31/2014. Use Form 4562 to claim your deduction.