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Section 179 Tax Deduction Calculator

Equipment Leasing for Businesses Nationwide

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January 2014 Update: Balboa Capital’s Section 179 calculator and all information relating to this tax provision is based on 2013 IRS numbers. Once Congress finalizes the 2014 Section 179 tax deduction limit, we will update our Section 179 calculator and website.

Section 179 Tax Savings Results

About the Section 179 Tax Deduction for 2013

Balboa Capital has some exciting news to share with you: The Tax Relief and Small Job Act extended both the Section 179 tax deduction for equipment expenditures and the bonus depreciation benefit through 2013. The Section 179 deduction limit was increased to $500,000 on qualifying equipment that is purchased and placed into service from January 1, 2013 through December 31, 2013, and the bonus depreciation has been set at 50%. If you want to acquire your new or upgraded equipment without using up all of your working capital, Balboa Capital can help. We can develop the best equipment financing plan for your individual needs, just like we have done for thousands of small and medium-sized businesses throughout the country since 1988. In addition to helping you save money, an equipment lease preserves your business credit line and allows you to make periodic upgrades to your equipment, software, vehicles and more.

Balboa Capital finds that most businesses we work with take advantage of tax write-offs in order to help lower the true cost of ownership on their business equipment. With such large tax savings available to your business with equipment leasing, now is the time to look to Balboa Capital for a custom equipment financing plan. We have more information that you can access below.

* The Section 179 tax calculator and tax example scenarios are intended for estimate purposes only. The estimated tax savings may be based on assumptions that do not apply to your specific business tax situation. Please consult with your tax professional to determine the full tax implications of leasing equipment. Additional information on business taxes and eligible equipment can be found on the irs.gov website.

Links to Our Section 179 Resources

2014 Tax Deduction Update
2013 Tax Deduction Limit
Tax Write-Offs and Equipment Leasing
Property That Qualifies
Tax Deduction FAQ
Free Whitepaper