HOW MUCH CAN I SAVE?

FINANCING EQUIPMENT COULD SAVE YOU THOUSANDS ON YOUR TAXES

The Section 179 tax deduction enables businesses to immediately write off up to $2,560,000 in qualifying equipment purchases—rather than depreciating them over many years.
✓ Section 179 deduction limit: Increased to $2,560,000
✓ Bonus depreciation: Increased to 100% with a spending cap of $4,090,000
✓ Qualification deadline: Equipment must be financed and placed into service between January 1 and December 31, 2026

By using Beacon Funding’s Section 179 tax savings calculator, you can:
✓ Estimate your potential 2026 income tax deduction
✓ Estimate your equipment cost after tax savings

Like the potential income tax savings you see? Apply today.

SECTION 179 TAX SAVINGS CALCULATOR

Equipment Cost
Potential Income Tax Savings
APPLY FOR FINANCING

UNDERSTAND YOUR ESTIMATE

Income Tax Deduction Calculation

Section 179 Deduction

Bonus Depreciation

1st Yr. Depreciation

Total 1st Yr. Tax Deduction

 

+

+

 

$

$

$

$

75,000

0

0

75,000

Income Tax Deduction Calculation

Total 1st Yr. Tax Deduction

Tax Bracket

Potential Tax Savings

 

 

 

$

x

$

75,000

35%

26,250

Cost Savings Calculation

Equipment Cost

Potential Income Tax Savings

Equipment Cost After Tax Savings

 

-

 

$

$

$

75,000

26,250

48,750

Get Your Full Tax Deduction Year One!

The Differences Between Section 179 and Standard Depreciation:

  • The Section 179 Tax Break: Write off 100% of the equipment on your 2026 return for one large tax deduction.
  • Standard Depreciation: Tax deductions a spread out into smaller amounts over several years.

Finance equipment to accelerate your savings and your business!

 HOW TO GET STARTED

GET STARTED

Please provide a valid company name.
Please select an industry.
Please provide a valid email address.
Please provide valid phone number.
Please provide a valid first name (no special characters).
Please provide a valid last name (no special characters).
Please select type of equipment.
$
Please enter a value between $3,000 and $2,000,000
Please provide a valid make (no special characters).
Please provide a valid model (no special characters).
Please provide valid comments, no special characters.

We will not share your information with outside parties! Please see our Privacy Policy for details.

*Required Fields

Form Submission Successful!

We have received your application. One of our expert consultants will contact you as soon as possible.

FINANCE EQUIPMENT BY 12/31/2026 TO QUALIFY FOR SECTION 179 TAX SAVINGS

3 EASY STEPS

1. Contact Beacon Funding. 
We will walk you through the financing process!

2. Secure Financing Approval. 
Accept your financing approval and place your equipment into service within this year.

3. Claim the Full Deduction
Work with your CPA to claim the Section 179 tax deduction on your 2026 tax return.

 
Loader icon

Listen, Learn, & Finance Today

Dive into Section 179 on the Equipment Finance Navigator

If the Equipment Is “New to You,” You Can Deduct It From Your Taxes.

It doesn’t matter if the equipment is second-hand. Both new and used equipment acquired in the same calendar year is considered for the Section 179 deduction.
Calculate your potential Section 179 deduction now. You could save thousands.
 GET STARTED NOW
Equipment

Talk to an Experienced Financing Consultant

SHORT PHONE CALL

Get answers about tax deductions for equipment financing by talking with a financing expert. Call us today at 847.897.2499 or schedule a callback at a time that’s best for you. Get answers on:

  • Find out if the equipment you want is eligible for the Section 179 tax deduction.
  • Benefits of using Section 179 for your business.
  • How to acquire qualified equipment fast with financing.
SCHEDULE A CALL
Men smiling

Frequently Asked Questions About The Section 179 Tax Deduction

Bonus Depreciation is used in addition to the Section 179 deduction for businesses that purchase or lease equipment valued over the Section 179 cap. Generally, the Section 179 deduction is taken first and then the Bonus Depreciation is applied.
To claim a Section 179 deduction, use IRS Form 4562, Depreciation and Amortization form. For more information, visit IRS.gov.
Discover how much of a tax deduction can save you by using our free Section 179 Tax Savings Calculator. Simply put in the cost of your equipment and get your results.
CALCULATE NOW
To take advantage of Section 179 tax deduction for this year, you have until December 31st, 2026 to purchase equipment.
APPLY
You can apply the Section 179 deduction to either new or used equipment, with some restrictions.
With Section 179, you can finance qualifying new or used equipment. Keep in mind the equipment must be used for business more than 50% of the time.
The Section 179 tax deduction allows a business to deduct all or part of the purchase price of certain qualifying equipment that is acquired during the tax year.