Equipment Financing Tax Benefits Cheat Sheet Infographic

By Keilyn Mancilla| Mar 23, 2017| 735 Views
Equipment Financing Tax Benefits Cheat Sheet Infographic

This quick guide will help you better understand Section 179 and Bonus Depreciation. The Section 179 Tax Deduction lets you deduct all or part of the purchase price of qualifying equipment. Bonus Depreciation allows you to deduct an additional 100% of the cost in the year it was purchased. Each year this tax law changes, so be sure to  ask your accountant or financing consultant when you plan to acquire new equipment using this tax break. Take a look at our infographic below that gives a thorough explanation. 


Section 179 Infographic

CLICK HERE or the image above to download the Section 179 Infographic

Keilyn Mancilla

Keilyn Mancilla

As a marketing coordinator, Keilyn collaborated with Beacon Funding industry experts to write informative content about equipment financing that helps business owners in the commercial truck and decorated apparel industries.