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Fiscal Year-End Tax Benefits
Take advantage of favorable tax-year benefits for businesses by purchasing new hardware and software for your business before your fiscal year ends. Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment purchased or financed during the tax year. Most types of business equipment qualify for this deduction, offering small businesses a great opportunity to maximize their purchasing power.
We encourage you to consult with your tax advisor to find out if your hardware and software purchases qualify for deduction under Section 179.