How much can Section 179 save you?

section-179How much can Section 179 save you? Are you considering whether or not to purchase or lease equipment in the current tax year? This Section 179 Deduction Calculator for 2014 may very well help in your decision. The changes in the Section 179 Deduction limits for 2014 are significant, and will save your business a lot of money.

Section 179 at a glance for Tax Year 2014

2014 Deduction Limit = $25,000 – This is good on new and used equipment, as well as off-the-shelf software.

2014 Limit on equipment purchases = $200,000 – This is the maximum amount that can be spent on equipment before the Section 179 Deduction available to your company begins to reduce.

The above is an overall, “simplified” view of the Section 179 Deduction for 2014. For more details on limits and qualifying equipment, please visit

How much money can Section 179 save you? Here is an easy to use calculator that will help you estimate your tax savings. Section 179 Calculator

What is Section 179 Deduction?

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 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. Today, Section 179 is one of the few incentives included in any of the recent Stimulus Bills that actually helps small businesses. For more information, please visit

Mid-State Litho, Inc.
5459 Fenton Rd.
Flint, MI 48507