How it Works

In the past, if your company bought equipment, the value would be depreciated over several years.

With Section 179, your business can realize full-value depreciation in the current tax year, which can have a huge impact on how companies budget for capital purchases.

So, most businesses will be able to deduct up to $1,000,000 in 2020, as long as they do not spend over $2,500,000 on equipment leases or purchases.

Financing and leases qualify for the same incentives as new or used equipment purchases with a $1 buyout.

Bottom Line

Most customers can write off the entire purchase of an AKS plasma cutting system or waterjet cutting table.

Bonus Depreciation Percent Changes Again in 2020

Depreciation has increased to 100% on the adjusted basis of qualified equipment purchased in 2020.

Bonus depreciation is available through 2022 and is retroactive to September 27, 2017. Financing and leases again qualify for a $1 buyout.

2020 Finance Programs Rates as low as 3.9% For Qualified Buyers

No Payments Until 2021 Available

Payment Factors

• 36 months @ 0.02905
• 60 months @ 0.01795
• 84 months @ 0.01398

With these great rates available, now is the time to purchase a plasma cutting system or waterjet cutting table.