Purchasing qualifying equipment could help lower your taxable income. Section 179 allows eligible businesses to deduct up to the full qualifying cost of machinery and equipment in the year it’s placed in service, subject to IRS limits and requirements.
To take advantage of potential savings for the 2026 calendar tax year, you must purchase qualifying equipment and place it in service by December 31, 2026.
Eligibility, business-use requirements, and deduction limits apply. Tax savings vary based on your individual circumstances. Consult your tax advisor to determine whether your equipment purchase qualifies.