Tax Calculator / Section 179

Enhanced tax incentives are available when you purchase equipment in 2024! 

Ellison Financial Services will show you how investing in equipment NOW can pay off in BIG Tax Savings for the Year 2024.

Maximize Your Tax Savings with SECTION 179!

section_179_tax-advantages-2024

Don’t miss out on significant tax benefits—SECTION 179 allows you to deduct the full cost of new equipment from your taxes this year! Estimate your potential savings quickly using our easy-to-access calculator.

  • 60% of Equipment Purchased and Put in Service in 2024 is Tax-Deductible
  • Increased Deductible = Increased Savings
PLEASE PLUG-IN THE ESTIMATED MACHINE PRICE HERE
EMP - Section 179 Deduction
14.29% Year 1 x (EMP - Section 179 - Bonus depreciation).
179 Deduction + Bonus & Standard Depreciation
.0%
Covered by these Tax Savings

Companies should consult their tax accountants to confirm eligibility for tax benefits. 

If a company exceeds its depreciation limit for the year, Ellison Financing Services can also offer a number of financial products to minimize a company's tax liability beyond Section 179, and Standard Depreciation. 

Ellison Financing Services would be happy to finance your equipment purchases and answer any questions relating to this tax law. Please feel free to contact us with any questions.