Time is running out this year to potentially save money on your equipment purchases with the Section 179 deduction. Section 179 allows businesses who finance to write off full equipment costs in the year they buy it rather than capitalizing costs over the useful life of the equipment and waiting years to receive deductions.
Watch this short video for another explanation on how Section 179 deduction works:
Now is great time to purchase equipment to take advantage of these potential tax savings. Tent and Table has some great end of year prices on tents, table and inflatables to get your rental business's inventory ready for 2018. We also offer a variety of financing options so you can buy now, pay later and still be able deduct the full amount of the purchase.
Contact your Tent and Table sales rep immediately for more information on this great tax savings program.