Use the Section 179 Deduction!

We’re in the 4th quarter.
Is your team ready to win or down for the loss?
Now is the time to look at the Section 179 tax deduction for equipment purchases!

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. 

Limits of Section 179:

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.

Who Qualifies for Section 179:

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.

Take home that 4th Quarter Win!

Call SITECH Mid-Atlantic to find out how!

1-800-443-7561

Good Times at GPEC Demo in Clayton

Gregory Poole Equipment Company hosted a CAT Next Gen demo event at the Caterpillar Visitor’s Center on October 2 – 3.  SITECH Mid-Atlantic provided machine technology support and resources for demo attendees.

The heavy machinery demo included stick time on a CAT excavator fitted with Trimble Earthworks gear as well as other CAT integrated machines.

Sales, service and technical staff were on hand from SITECH Mid-Atlantic to demonstrate lasers, data collectors and other GPS equipment to customers.

Propeller Aero, partners with SITECH in drone technology, completed drone flights on site and set up demo events for interested customers.  Trimble Status pairs with Propeller Aero to produce and process quick flight results.

Customers were also given an opportunity to refresh Business Center skills with the SITECH MA GPS team.

Trimble Earthworks GO! on a compact skid steer also attracted a lot of customer attention.

SITECH MA will Join Carter Con in Doswell, VA

Teams from SITECH Mid-Atlantic will join Carter Machinery for Carter Con Expo & Operator Challenge on Thursday, September 12th in Doswell, Virginia.

Demonstrations will include Caterpillar Next Gen equipment as well as Trimble GPS and machine control products, Spectra laser solutions and Propeller Aero drone launches.  SITECH MA Service Technicians, GPS Specialists, and Sales Representatives will be on hand to answer questions and provide information on cost-saving efficiency for your company.

Register at Carter Con to participate in this exciting one day event!

SITECH MA Participates in CAT Women Lead Day

Annie Molkenbuhr of the Charlotte branch and Jamie Fore of the Raleigh branch participated in the Carolina Cat Women Lead event in Midland, NC on June 14th.

All participants received hands-on training in the Caterpillar machines on site and had an opportunity to network with other women in construction.

Annie Molkenbuhr proudly stands by the operating trainer on the excavator after her session.

Jamie Fore receives training on CAT machine at the demo.

Carolina Cat Demo in Midland, NC

The Carolina Cat Next Gen Demo took place in Midland, NC this week with a large array of Caterpillar machines available for operator training as well as fun food trucks and a vendor village for customers.

Members of SITECH Mid-Atlantic staff including service, sales and GPS as well as reps from Trimble and Propeller Aero were on hand to answer customer questions and perform demonstrations.

Talking over GPS options with customers.

Cries of “get that bird in the air” when the Propeller Aero drone is launched!

A large number of machines offered many opportunities to customers for honing operational skills and trying new models.

Carolina Cat Demo in Asheville, NC

SITECH Mid-Atlantic team members joined Carolina Cat for a lovely fall demo in Asheville, NC.

Team members demonstrated GPS and laser equipment for demo participants as well as machine control on field site.

The recently released Trimble TSC7 is always a big interest at customer events.