Section 179 of the IRS tax code allows your business to deduct the full purchase price of equipment purchased or financed during the tax year. Ultimately this helps you save up to 35% on machine purchases!

With short lead times on the FASTBACK® II Edge Polisher, you can get a vital piece of machinery fast to take advantage of Section 179 yet in 2022.

What is the Section 179 Deduction?

Most people think the Section 179 deduction is some mysterious or complicated tax code. It really isn’t, as you will see below.

Essentially, Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. That means that if you buy (or lease) a piece of qualifying equipment, you can deduct the FULL PURCHASE PRICE from your gross income. It’s an incentive created by the U.S. government to encourage businesses to buy equipment and invest in themselves – available to small and large businesses alike.