Print is not dead! We have a sleek new catalog full of the latest Trimble and Spectra products. Stop by any of our locations to pick one up or ask your territory sales rep to drop one off to you.
Trimble SiteVision has arrived in Charlotte and is available through all of our branches. Give us a call at 1-800-443-7561 to learn more about augmented reality!
Cap to total amount written off: ($1,000,000)
Limits to the total amount of the equipment purchased: ($2,500,000)
The deduction begins to phase out on a dollar-for-dollar basis after $2,500,000 is spent by a given business thus, the entire deduction goes away once $3,500,000 in purchases is reached.
All businesses that purchase, finance, and/or lease new or used business equipment during tax year 2019 should qualify for the Section 179 Deduction (assuming they spend less than $3,500,000). Most tangible goods used by American businesses, including “off-the-shelf” software and business-use vehicles (restrictions apply) qualify for the Section 179 Deduction.
For basic guidelines on what property is covered under the Section 179 tax code, please refer to this list of qualifying equipment provided below. Also, to qualify for the Section 179 Deduction, the equipment and/or software purchased or financed must be placed into service between January 1, 2019 and December 31, 2019.