Everything You Need to Know About Section 179
Want to learn how the Section 179 tax deduction can benefit your business? Are you interested in reading the latest news and information about it? Are you wondering what the deduction limit is going to be next year? You’ll find everything you need to know about this business-friendly tax benefit right here. Balboa Capital makes a point of staying on top of the latest developments in order to provide our customers and prospects with the up-do-date information they need, including a Section 179 infographic. If you own a small business, it is a good idea to become familiar with this tax provision. Doing so will help you better plan for your company’s immediate and long-term future when it comes time to make capital investments.
Balboa Capital is an equipment financing company, not an accounting firm, but we are fully knowledgeable of all aspects of the Section 179 tax provision. We’ve created a variety of pages that can help you better understand it, but we recommend that you consult with your accountant or tax professional to find out your individual business deductions are. From now through December 31, 2014, the deduction limit is $25,000 for qualifying equipment, so don’t wait to get the new or upgraded business equipment you need.