The ‘Section 179 Deduction’ Helps Your Business!
The 2026 Section 179 tax deduction can let eligible businesses immediately write off up to $2,560,000 of qualifying equipment placed in service during the year—rather than depreciating it over many years. The deduction begins to phase out when total qualifying purchases exceed $4,090,000. This powerful business tax incentive can apply to both new and used equipment. If you’re upgrading manufacturing machinery, Section 179 helps small and medium-sized businesses save money while expanding operations.
Section 179 is a tax code created to help businesses – By allowing businesses to deduct the full amount of the purchase price of equipment (up to certain limits), Section 179 is a fantastic incentive for businesses to purchase or lease equipment this year.
For more information, please visit the Section 179 website.
DISCLAIMER: MAAC Machinery is not licensed to provide accounting or legal advice. Please consult your own CPA or Counsel for any accounting or legal advice and as to how this new bill can help your company.