* "Section 179 Savings" presents a potential tax scenario based on typical assumptions that may not apply to your business.
This page and calculator are not tax advice. The indicated tax treatment applies only to transactions deemed to reflect a purchase of the equipment or a capitalized lease purchase transaction. Please consult your tax advisor to determine the tax ramifications of acquiring equipment or software for your business.
** To take the deduction for tax year 2020, the equipment must be financed or purchased and put into service between January 1, 2020 and the end of the day on December 31, 2020. This deduction is not automatic and must be elected. In order to elect to take the deduction, you’ll need to fill out Part 1 of IRS form 4562
Machinery Marketing International
Corporate Headquarters
1626 West Lake Street second floor
Chicago, IL 60612
+ 312.226.4150
Sign In
financing
