Apply for financing a hydraulic hammer/breaker or other attachment with Western Equipment Finance for more information, contact:
Vice President, National Business Development
Western Equipment Finance
A subsidiary of Western State Bank
Business owners who acquire equipment (i.e. hydraulic hammer) for their business may elect an enhanced deduction in a single tax year, rather than a little at a time over a number of years. This deduction is known by its section in the tax code, a Section 179 deduction. Businesses may write-off up to $1,000,000 per year if they spend less than $2,500,000 on qualified equipment. In addition, bonus depreciation is 100% and is made retroactive to 9/27/2017 and good through 2022. The bonus depreciation now includes used equipment.
Calculate your savings with Section 179
If you're thinking about purchasing or leasing a hydraulic hammer in the current tax year, the Section 179 Deduction Calculator may help you make your decision.