Make plans with KPI, for a profitable 2017 with this huge deduction
- Equipment must be financed/purchased & put into service by the 12/31/2017
- Equipment does not need to be new. It can be used or refurbished (but new to you).
2017 Section 179 limits
- Spending Cap on equipment purchase = $2,000,000
- Deduction Limit = $500,000
- Bonus deduction : 50% of difference of spending cap and deduction limit
The calculator presents a potential tax scenario based on typical assumptions that may not apply to your business. This page and calculator are not tax advice. The indicated tax treatment applies only to transactions deemed to reflect a purchase of the equipment or a capitalized lease purchase transaction. Please consult your tax advisor to determine the tax ramifications of acquiring equipment or software for your business.