Did you know you may be eligible for an equipment tax deduction or credit? According to Section 179 and Section 44 of the IRS tax code, you may be able to deduct the full purchase price or apply a credit up to 50% on qualifying equipment.
To find out if you are eligible, fill out this form and our Capital Equipment team can help you find exactly what you need while maximizing your tax benefit!
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 from your gross income!
How Section 179 Works
Under Section 44, The Americans with Disabilities Act (ADA) allows you to apply a credit of 50% of your purchase amount, up to $10,250 (maximum credit of $5000) for qualifying equipment, to offset the cost of purchasing certain adaptive equipment.
Make Sure You Qualify!
Do you have:
Want to learn more about how you can save on equipment purchases with the ADA Tax Credit?
Click the link below to download the ADA Form 8826.
*Please consult with your attorney, accountant, and/or tax advisor for advice concerning your particular circumstances.