Section 179 Tax Break On Used Trucks

If you’re still weighing your options on how to make the best use of Section 179, we want to remind you that there are only a few short weeks left to make up your mind.

It is mandatory that you buy the heavy equipment you need and put them into service by December 31, 2019 if you want to take advantage of the incredible opportunity that Section 179 is now offering you to help you achieve the kind of financial success you always dreamed of.

According to a survey conducted by the National Federation of Independent Business (NFIB), 70 percent of small business owners took advantage of Section 179 last year.

The latest IRS Section 179 deduction for 2019 also comes as a godsend for small and medium-sized business owners because they can invest right now in new and used equipment and realize tax write-offs on their 2019 IRS tax returns of up to 1 million dollars.

  • 2019 Deduction Limit: $1,000,000
  • 2019 Spending Cap on Equipment Purchases: $2,500,000
  • Bonus Depreciation: 100% for 2019

Section 179 Information

IRS Website