Section 179

Accelerated equipment depreciation schedule

Section 179

Capitalize on historically low interest rates with Section 179 equipment purchase tax benefits

Highlights to Section 179 tax deductions for business:

$1,000,000 Write-off Available in 2019

  • This applies to new and used equipment, as well as some software manufactured by Hypertherm.
  • Equipment must enter service during 2019.

$2,500,000 limit on equipment purchases

  • Your deduction will be reduced if you exceed this amount.

100% Bonus Depreciation

  • Applied after the spending cap is reached.
  • Available for used and new equipment
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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 2019, 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.

Section 179 $1,000,000 Write-off Available in 2019

Up to $2,5000,000 limit on equipment purchases
Tax incentives for manufacturing companies increased by $500,000 for the 2019 tax year

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

Bonus Depreciation Percent Changes Again in 2019

Depreciation has increased to 100% on the adjusted basis of qualified equipment purchased in 2019.

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

4th Quarter 2019 Finance Programs Rates as low as 4.5% For Qualified Buyers

No Payments Until 2020 Available

Payment Factors

  • 36 months @ 0.02975
  • 60 months @ 0.01876
  • 84 months @ 0.01411

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