Do You Want a Bigger Tax Return?
Lower Your Company's 2020 Taxes
Great news for small business owners! The Federal Section 179 tax deduction limit has been expanded to $1,000,000, and can be applied to either new or used capital equipment such as sewer cameras, jetters, cable machines, trenchless pipe tools, and more.
If you've considered buying new or used drain cleaning equipment for your business, NOW is the time to act. You can lower your 2020 taxes by taking advantage of the Section 179 tax deduction.
What is it?
Section 179 is an attractive tax deduction for small and medium businesses. It is good on new and used equipment, whether purchased outright, financed, or leased.
That means that if you obtain a piece of qualifying equipment for your business, you can deduct the FULL PURCHASE PRICE from your gross business income. When combined with our Equipment Leasing and Financing Options, this tax deduction can make a sizeable increase to your 2019 bottom line and improve your cash flow!
Good throughout 2020!
Your equipment purchase must be delivered by December 31, 2020 to qualify for the tax deduction. Contact your Territory Manager or start shopping online.
*As with any tax strategy, we recommend a discussion with your tax advisor. You can also go to www.section179.org for more information.
Right now, you may be able to deduct the full purchase price for any new or used Spartan Tool drain cleaning equipment from your 2020 US taxes*. That is money back in your pocket when the refund check comes in the mail this spring.
Another machine added to your arsenal and money back in your pocket...sounds like a great idea. Start shopping online or contact your Territory Manager today.