Section 179 Calculator - See Your Tax Savings Instantly!
* Updated For 2023!
The Section 179 Tax Deduction offers significant benefits to small businesses, enabling them to remain competitive. It allows you to purchase necessary equipment and then deduct the full purchase amount from your taxes. Even if your business finances the equipment, you can still write off the entire cost up to $1,160,000. Please use the Free Section 179 Calculator (below), updated for 2023, to see your potential savings. Simply enter any amount to calculate your tax savings in real dollars for this year.
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Simple. Fast. Effective.
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* Assumes a 35% Tax Bracket. The calculator presents a potential tax scenario based on typical assumptions that may not apply to your business. This page and calculator are not tax advice. The indicated tax treatment applies only to transactions deemed to reflect a purchase of the equipment or a capitalized lease purchase transaction. As always, consult your tax advisor/accountant/CPA to determine the tax ramifications of acquiring equipment or software for your business.