IRS Section 179 provides major benefits to businesses and individuals acquiring capital equipment
Make your pharmacy more productive and profitable when you purchase the RapidPakRx with this tax benefit that provides up to $1,040,000/year of accelerated depreciation.
The Section 179 tax deduction has helped small businesses offset the cost of capital equipment for years. In 2016, Congress made Section 179 permanent law with the passage of the PATH act. In 2017, the deduction limit for Section 179 increased to $1 million for 2020 and beyond. The limit on equipment purchases increased to $2.5 million.
This page and video are not tax advice. The indicated tax treatment applies only to transactions deemed to reflect a purchase of the equipment or a capitalized lease purchase transaction. Please consult your accountant or tax advisor to determine the tax ramifications of acquiring equipment for your business.
