Let us help you maximize your 2023 Deduction Potential

• Protect employees and reduce installation injuries
• Improve your fabrication shop’s efficiency
• Make sure to meet OSHA regulations

Visit this savings calculator to see what your company could save!
https://www.section179.org/calculator/

2023 Tax Incentives: Section 179

Tax provisions accelerate depreciation on qualifying equipment, office furniture, technology, software and other business items. Qualifying businesses may deduct a significant portion, up to $1,160,000 in 2023 (to be adjusted for inflation in future years). There is a dollar-for-dollar phase out for purchases over $2.89 million, meaning when purchases are greater than $4.05 million, you will not receive this benefit intended for small to mid-size businesses.

For 2023, bonus depreciation drops to 80% on qualifying assets. Consequently, Section 179 may help bolster your bottom line, enabling you to garner the benefits of new equipment and technology that can help grow your business.

Call us today at 800-575-4401 to take advantage of our massive year end specials on products that may qualify and help your fabrication shop enter the 2024 year strong.

A quote from the Section 179 website:
“Taking the Section 179 Deduction on financed equipment might be the most profitable business decision you make this year.”

For additional information, please see the FAQ’s or visit the website at https://www.section179.org