In 2017, businesses can expense up to $510,000 of qualified new or used business equipment purchases, with a $2,030,000 annual purchase limit. In addition, new equipment purchased in 2017 may qualify for 50% bonus depreciation. This rate drops to 40% in 2018, so plan your purchasing accordingly.
2017 Section 179 deduction
By Tami Benus|2017-02-07T08:00:26-06:00February 7th, 2017|Blog|