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***Important Update*** Section 179 Qualified Financing

Using Section 179 with an Equipment Lease or Equipment Finance Agreement might be the most profitable decision you make this year.

Why? Because the amount you deduct will almost always exceed your cash outlay for the year when you combine (i) a properly structured Equipment Lease or Equipment Finance Agreement with (ii) a full Section 179 deduction. It is a bottom-line enhancing tool (plus, you get the new equipment and software you're adding to your business).

Also, the '$179 Bonus per $10,000 Financed' is available for a limited time during the 2015 year. This means that you (a) get your equipment, vehicles, and/or software now, (b) get to take full advantage of the Section 179 deduction in 2015, and (c) get Section 179 Bonus Cash as well.

Click here for details: Section 179 Qualified Leases and Loans

Leasing & Section 179

Did you know that your company can lease equipment and still take full advantage of the Section 179 deduction? In fact, leasing equipment and/or software with the Section 179 deduction is a preferred financial strategy for many businesses, as it can significantly help with not only cash flow, but with profits as well.

Equipment & Software Leasing - Non-Tax | Capital Leases

The main benefit of a non-tax capital lease is that you can still take full advantage of the Section 179 Deduction, yet make smaller payments. With a non-tax capital lease you can acquire and write-off up to the deduction limit worth of equipment this year, without actually spending that amount this year.

In other words, a small business that is managing cash flow can leverage a non-tax capital lease to minimize out-of-pocket cash, and still take the full Section 179 Deduction.

Examples of non-tax capital leases include a '$1 Buyout Lease' and a '10% Purchase Upon Termination (PUT) Lease'. In many cases, the amount you save in taxes will be MORE than the total of your first year's payments.

Equipment & Software Financing - EFAs

You may also obtain an equipment loan using a Section 179 Qualified Equipment Finance Agreement (EFA) and still take the full Section 179 tax deduction.

Advantages of Leasing and Financing

The obvious advantage to leasing or financing equipment and/or software and then taking the Section 179 Deduction is the fact that you can deduct the full amount of the equipment and/or software, without paying the full amount this year. The amount you save in taxes can actually exceed the payments, making this a very bottom-line friendly deduction (you are reading this correctly; in many cases, the deduction will actually be profit).

Speak to an Expert

Click here for a Section 179 Qualified Equipment Finance Lender to help you structure your equipment lease (or equipment financing agreement) to take full advantage of the benefits of Section 179. We recommend Crest Capital for this. If you have any questions, or simply wish to explore your options, contact Crest Capital toll-free at (800) 245-1213 or visit www.CrestCapital.com.

Crest Capital specializes in equipment financing and leasing for small and medium-sized businesses. With one simple application, great rates, and a fast "within hours" approval time, Crest Capital will provide the equipment and software financing you need, while also being very friendly to your bottom line. In addition, Crest Capital's staff is skilled in structuring finance solutions that qualify for Section 179 deductions.

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This website was designed to answer your questions regarding the Section 179 Tax Deduction, and to explain the impact the various Stimulus Acts have had on Section 179. The information on this site will clearly explain the Section 179 Deduction in plain terms; will go over what property qualifies under Section 179 for the deduction; and will explore the myriad of ways the Section 179 deduction can impact your bottom line. In addition, there are IRS tax forms and also tools for you to use, such as the free Section 179 Deduction Calculator currently updated for the 2015 tax year.