As part of the government’s Economic Stimulus Act introduced in February of 2008, significant changes were made to Section 179 of the US tax code – changes that have had a big impact on businesses looking to invest in equipment
![Major Tax Saving Benefits for US Companies](https://static.wixstatic.com/media/a2ea8e_e67d7e584fb441be8b204bfd1f2a0c6c~mv2.jpg/v1/fill/w_694,h_462,al_c,lg_1,q_80,enc_auto/a2ea8e_e67d7e584fb441be8b204bfd1f2a0c6c~mv2.jpg)
In 2019 tax savings have been accelerated even more. Thanks to this year’s new guidelines, the deduction for equipment purchases has been raised to $1,000,000! This gives you major spending power!
Increase your bottom line! Because you can deduct the full purchase price of equipment bought in 2019 – up to $1,000,000 – your ROI just went way up!
Most importantly, the BONUS DEPRECIATION is 100% and it includes both new and used equipment.
* The Section 179 is available to US companies only.
**Please note, this discount occurs as a result of Section 179 of the IRS tax code and is not a price deduction/discount by Streamline Automation.