Feels like something is coming up Monday... can't put our finger on it...
(you did take your Section 179 Deduction, right?)
#section179#s179#SmallBusiness
Today is the last "business day" for Section 179 in 2023.
Despite being the last business day, most places are open tomorrow, and many on Sunday too, so you still have time. But get to it - the clock is ticking. Your equipment must be purchased and running by midnight 12/31.
4th quarter is rapidly approaching. Time to see how much you can save on your taxes using Section 179. Use our free Section 179 calculator
https://t.co/s7lYW2RLB8
@ItsMikePoarch Close but not quite accurate - Bonus Depreciation is shrinking (80% this year, 60% next, and so on). Section 179 has actually been increasing every year, and is going nowhere.
Let's talk about financing and Section 179 - it's VERY powerful. You could literally save more on taxes than you make in payments this year.
https://t.co/ufg7RR1jBZ
@readyplayerh Not true. Bonus Depreciation was reduced to 80% for 2023, not Section 179. So you can still get the 100% tax writeoff on Bitcoin miners (up to $1,160,000).
THIS is what Section 179 is primarily used for. Companies buying equipment. It helps everyone - the buyer, the seller, the economy... and you.
https://t.co/t4ndtNxkvY