This may be the LAST YEAR for a MAJOR TAX SAVINGS with Section
179
Dryers for the 2021 Harvest season may qualify on orders completed by December 31st.
Special pricing and payment terms put in place to get full
advantage.
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Details
If there’s one thing 2020 has taught us, it’s to not take tomorrow for granted. As the Presidential election comes to an end, we have been reminded of the uncertainty next year may bring for many of us. Because of that, we need to take advantage of what we still can for this year. Don’t miss your opportunity for a MAJOR TAX
SAVINGS through Section 179.
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What is Section 179?
- Businesses can deduct full purchase price of qualifying equipment and/or software purchased or financed during the tax year.
- Deduct the FULL PURCHASE PRICE from your gross income if you buy (or lease) qualifying equipment.
- Deduction is good on new & used equipment, & off-the-shelf software.
- Deduction on equipment only valid if purchased, financed or put into service in 2020 (January 1st - December 31st).
- Larger businesses spending more than $3,630,000 on equipment are not eligible.
- This spending cap makes Section 179 a true small business tax incentive.
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Call us TODAY to learn more about our Vulcan Hemp Drying Systems!
*Vulcan Drying Systems® does not provide tax advice.
Please contact your tax consultant to verify your dryer purchase will qualify.*
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