Slocum Equipment, Inc. 888.310.2680
Tax Incentives

Jan 4, 2019 – Section 179 is one million dollars for 2019, as stated in H.R.1, aka, The Tax Cuts and Jobs Act. The deduction limit for Section 179 is $1,000,000 for 2019 and beyond, while the limit on equipment purchases remains at $2.5 million.

Further, the bonus depreciation is 100% and has been made retroactive to 9/27/2017. It is good through 2022. The bonus depreciation also now includes used equipment.

See fully updated 2019 Section 179 Calculator to see how this tax deduction affects your company.

Answers to the Three Most Common Section 179 Questions
How Much Can I Save on My Taxes This Year?
It depends on how much qualifying equipment and software you purchase and put into use this year. We have a fully updated Section 179 Calculator that can show you your expected tax savings.

What Sort of Equipment Qualifies?
Most tangible business equipment, both new and used, qualifies. Click here for an updated list of qualifying property.

When Do I Have to Do This By?
Section 179 always expires at midnight, December 31st. So to take advantage of Section 179 this year, you must buy (or lease/finance) your equipment, and put it into use, by December 31st of this year.

***Note: In 2019, many businesses are finding Section 179 Qualified Financing to be a very attractive option, especially with several expected Federal Discount Rate increases looming. You can beat future increases by applying today.
Section 179


Slocum Equipment Inc. Turnkey and Batch Finishing Systems