Possible 2014 Tax Break

Did your customers buy signage or other equipment in 2014? Remind them that under Section 179, they may be eligible to deduct the full purchase price from their gross income. The equipment must qualify and they must have put it into service by the end of the day, December 31, 2014. Usually, a business can […]

1/21/2015

Categories: Sign Company News

Section-179Did your customers buy signage or other equipment in 2014? Remind them that under Section 179, they may be eligible to deduct the full purchase price from their gross income. The equipment must qualify and they must have put it into service by the end of the day, December 31, 2014.

Usually, a business can write off equipment costs only a little at a time, but Section 179 allows companies to deduct the entire purchase price up to $500,000.

Encourage your customers to talk to their tax advisors and visit Section 179.org