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2018 Section 179 Tax Deduction
Each year, companies take advantage of a special tax provision known as Section 179. Under this provision of the tax code, companies can write off the entire amount of capital purchases on equipment and software.

Here is an updated example of Section 179 at work during the 2018 tax year.

Example of Section 179 at work during the 2018 tax year

Visit www.section179.org to learn more about the specifics of Section 179, or contact your Account Manager to discuss further.

  • 2018 Deduction Limit = $1,000,000
    This deduction is good on new and used equipment, as well as off-the-shelf software. To take the deduction for tax year 2018, the equipment must be financed or purchased and put into service by the end of the day on December 31, 2018.
  • 2018 Spending Cap on equipment purchases = $2,500,000
    This is the maximum amount that can be spent on equipment before the Section 179 Deduction available to your company begins to be reduced on a dollar for dollar basis. This spending cap makes Section 179 a true “small business tax incentive.”
  • Bonus Depreciation: 100% for 2018
    Bonus Depreciation is generally taken after the Section 179 Spending Cap is reached. Note: Bonus Depreciation is available for new equipment only.

The above is an overall, “simplified” view of the Section 179 Deduction for 2018. For more details on limits and qualifying equipment, as well as Section 179 Qualified Financing, please visit and read the entire www.section179.org carefully.

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Print-O-Stat provides expert guidance on implementing the latest products and technologies with 12 locations throughout the Mid-Atlantic Region. Our team of more than 100 members is proud of the products and services we offer and looks forward to working with you to help find the solutions and best fits your business.

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Corporate Headquarters 1011 West Market Street
York, PA 17404
Phone: 717-854-7821
Toll Free: 1-800-711-8014
Fax: 717-846-4084

Email: york@printostat.com