Tag: equipment financing
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A Brilliant Deduction (Section 179)
Posted On: February 12, 2019 by Falcon National Bank in: Manage your Business | Business Banking
November and December are always busy months in the world of Commercial Equipment Financing. At the urging of their accountants, many of our customers rush to make last minute yearend equipment purchases. Why the big rush you may ask? Well, My Dear Watson, it comes down to the fact that they are running out of time to take advantage of the SECTION 179 TAX DEDUCTION. What is the Section 179 deduction? Most people think Section 179 is some complicated and mysterious tax code. Truth is, it is...
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