Power Gas Architecture | Developer
Secure Supply USA
Fueling Healthy Communities
Secure Supplies Group
179 TAX DEDUCTION Lease Hydrogen
Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year, up to $500,000.
Secure Supplies team can assisit you to calculate the deductions and benefits under Code 179 .
Note: The deduction limit is $500,000 and the limit on purchased equipment of $2,000,000. Once this limit is exceeded, the 179 deduction is reduced dollar-for-dollar, i.e. at $2,500,000 of equipment purchased, the 179 deduction is no longer available.
This calculator is not meant to be tax advice. The indicated tax treatment applies only to a capital lease scenario. Please consult with a tax advisor to determine the tax ramifications of acquiring equipment or software for your business. Our Team will provide an estimatebase don the above layout.
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