Use the Below Calculator to Check Your Tax Write Off for 2019
The Section 179 Tax Deduction encourages agri businesses to stay competitive by purchasing shortline equipment which brings choice, value and innovation to their farms and ranches, while writing off the full amount on their taxes.
The Section 179 deduction limit for 2019 is $500,000. To take advantage of these high Section 179 limits for 2019, the equipment must be purchased and put into service by midnight 12/31/2019.
Congress has made the Tax Deduction limit of $500,000 permanent. This allows you to make purchases now, knowing the deduction will be there, instead of waiting until Congress acts in the final weeks of the year.
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