What Is the Section 179 Deduction?
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. That means that if you buy (or lease) a piece of qualifying equipment, you can deduct the FULL purchase price from your gross income. It’s an incentive created by the U.S. government to encourage businesses to buy equipment and invest in themselves.
Section 179 Resources and Information
Schneider Electric Products that Qualify for Section 179
Schneider Electric offers a wide range of products that qualify, including our Building Automation and Control systems and Access Control products.