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 Section 179 tax incentives 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 about Section 179 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 Section 179 can be found on the irs.gov website.

Links to Our Section 179 Resources

Section 179 Deduction Limit for 2013
Section 179 and Equipment Leasing
Property That Qualifies Under Section 179
Section 179 Tax Deduction FAQ
Section 179 Whitepaper