The Section 179 deduction allows businesses to deduct the full cost of qualifying assets, up
to $1,250,000 for the tax year 2025, providing significant tax relief for business owners.
What is Section 179 Deduction?
Section 179 of the Internal Revenue Code enables businesses to write off the full purchase
price of qualifying equipment and software in the year it is placed in service, rather than
depreciating the cost over several years. This deduction is designed to encourage businesses to invest in themselves by purchasing equipment and machinery.
