Smart Choices for Advanced Collision Repair Equipment and Training
This is IMPORTANT NEWS for anyone purchasing equipment in 2017
If you are unfamiliar with IRS Section 179 we suggest
you speak with your CPA - It could mean as much as 35% back into your bottom line.
Last year, there was a certain amount of uncertainty regarding the Section 179 limit; it was discussed
by Congress on several occasions and the IRS took a while to issue a final deduction limit.
As it stands right now, the total 2016 Section 179 tax deduction limit is $500,000.
This means you can buy or lease up to $500,000 worth of eligible equipment and deduct its cost,
providing you place it into service on or before 12/31/16. You may also elect to use Section 179 with more than
one piece of equipment, as long as the total deduction amount does not exceed $500,000. So, if you are in the
market for new or used business equipment, talk to your tax professional right away. They will let you know if the
equipment you want to buy meets the Section 179 eligibility requirements that are set forth by the IRS.
Here are some folks we recommend...
475 Sansome St., 19th Floor, San Francisco, CA 94111 Office (415) 217-4296 Paul's Mobile (415) 816-3972
Paul Knowlton - Paul.Knowlton@bankofthewest.com
Jared Christensen - Jared.Christensen@financial-svcs.com
Apply by phone - FAST Same Day Answer
Tracy Fu - Pacific Funding - email@example.com - 800.726.0566 - Bellevue, WA
209 Camp Road NW
Gig Harbor, WA 98335
6825 216th Street SW
Woods Business Center Suite A
Lynnwood, WA 98036
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Updated on July 13 2017
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