The Datamax Thinking Blog

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Section 179 Deduction: A Big Incentive for Office Technology Acquisition

Essentially, 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.

Small-to-medium sized businesses looking to bolster their workflow environment can now utilize technology addition by deduction — the Section 179 Deduction.

Topics: Office Equipment Productivity Tips and Tools Multifunction Copier Technology Procurement