Equipment Buyers Tax Benefits
Equipment Buyers Tax Benefits
Section 179 was created specifically for small and medium-sized businesses. Any business that purchases and/or finances less than $1,000,000 in qualifying equipment (new or used) during the 2020 tax year should qualify for the IRS 179 Deduction.
You can potentially deduct the total amount of a Lucid drone if you finance this year. Financing allows you to save your cash for emergencies or unforeseen costs that may affect your business or your life!
You can also make money while working to pay off your Lucid drone!
The amount you write off in taxes can potentially exceed profits, allowing you to reinvest in your business and continue to grow.