If you are looking to buy a laser cutter for your business this year then you probably understand the benefit of taking advantage of Section 179 of the tax code. In a nut shell businesses this year can deduct the full purchase price of qualifying equipment (even if financed). Of course there are some qualifications and limits but its worth investigating. The ability to take the full deduction for the cost of a laser cutter immediately as opposed to having to spread it out over the item’s useful life is a great way to reduce your tax burden this year.
The following post answers a lot of questions you might have about Section 179 and how you can make it work for you this year. Click here to read it:
Easy Section 179 Guide for Saving Money This Year.