Looking for An End-Of-The-Year Tax Deduction?
Section 179 of the IRS Tax Code allows businesses to deduct the full purchase price of qualifying office equipment - let us help you utilize this deduction to your advantage
What is the 2020 Section 179 Tax Deduction?
Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment. That means that if you buy or lease a piece of (qualifying) equipment, you can write off the full purchase price from your gross income. This was created by the U.S. Government to incentivize businesses to buy equipment and invest in themselves.
What office equipment qualifies for the Section 179
Both new and used equipment qualify under Section 179. Some equipment that qualifies include:
Who is QAOM?
Quality Assured Office Machines, Inc. of Green Bay is your local Pro-Tech Certified Konica Minolta Authorized Dealer for Northeast Wisconsin. Our experts are here to help your business simplify, optimize, and manage your printing needs to reduce your printing-related expenses and maximize your efficiency.