Take Advantage of 2025 Tax Savings on Equipment Purchases
With Section 179, businesses can deduct the full purchase price of qualifying equipment and software purchased or financed during the tax year. That includes multifunctional copiers, printers, and managed IT services!
What is Section 179?
Section 179 of the IRS tax code allows businesses to deduct the full cost of qualifying equipment, including office technology and IT infrastructure, up to $2,500,000 for 2025. This incentive was designed to encourage companies to invest in themselves by purchasing or leasing equipment and technology that improve productivity and efficiency.
How Does Section 179 Work for You?
When your business purchases or finances qualifying equipment, including multifunctional copiers/printers and managed IT services, Section 179 allows you to deduct the full purchase price from your gross income. This means you save money on your tax bill while investing in essential technology for your business.
Benefits of Section 179:
- Immediate Tax Deduction: Deduct the entire cost of qualifying equipment in the year it’s purchased.
- Improve Productivity: Invest in the latest technology to streamline operations, reduce downtime, and improve efficiency.
- Budget Flexibility: Finance or lease your equipment and still take full advantage of the deduction.
- Reduce Operating Costs: Modern multifunctional copiers and IT services can lower energy consumption, printing costs, and IT maintenance expenses.
Example Savings:
- Equipment Cost: $50,000
- Section 179 Deduction: $50,000
- Tax Savings (Assumed 35% Rate): $17,500
- Net Cost of Equipment: $32,500
Eligible Equipment:
- Multifunctional Copiers & Printers
- Document Management Software
- Cloud Solutions & Managed IT Services
- Network Infrastructure Upgrades
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We look forward to educating you on how your business can save money while Levifi increases your business success with awesome workplace technology.