Month: November 2020

Gabianna S Series

Tax deduction strategies for equipment buyers

The “Tax Cuts and Jobs Act,” signed into law in 2017, provides two opportunities for businesses to maximize their deduction and get more from their machinery investment. Deduction Option 1: Section 179. Designed for businesses that are not investing more than $2.5 million in capital equipment per year, this deduction allows many businesses to write off the …

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