Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment in the year it is purchased or financed.
This means you may be able to reduce your taxable income while upgrading your shop with new Maksiwa machinery.
It’s a government incentive designed to encourage businesses to invest in equipment and grow their operations.
Always consult with your tax advisor to determine eligibility and how Section 179 applies to your business.