Act now! The IRS code’s Section 179 deduction encourages businesses to invest in the technology and equipment they need to grow, while also reducing their tax liability in 2025.

This year’s Section 179 deduction is $2,500,000. The deduction includes both new and used qualified equipment. In addition, businesses can take advantage of 100% bonus depreciation on both new and used equipment for 2025.

Remember to keep delivery times in mind when making your Section 179 purchases for 2025. Whether you choose to purchase or lease, you’ll need to put the equipment/software into service by the end of the day on December 31, 2025.

The deduction applies to both leased and purchased equipment and software. When you buy, you can deduct the total amount from your taxes. When you lease, you pay the monthly lease payments, but you still get to deduct the total purchase price from your taxes.

For more details, visit:

Section 179 and check out this handy Savings Calculator.

Let’s talk about how new technology can help you reach your goals in 2025. Contact CTS today at 800.787.4848 or jnolte@ctsmd.us.