What are the details of Section 179 Federal Income Tax Deduction?

The 179 Federal Income Tax Deduction has the potential to save you thousands while creating opportunities for expansion and savings. File for this deduction and benefit from your robot purchase. 

$500,000 Tax Write-Off: 
 IRS has changed the tax deduction to $500,000 from your taxable income of new or used equipment purchased in 2016. This means you can write off up to $500,000 in equipment purchased OR leased before 12/31/2016!

2016 Spending Cap on equipment purchases = $2,000,000 
 This is the maximum amount that can be spent on equipment before the Section 179 Deduction available to your company begins to be reduced on a dollar for dollar basis. This spending cap makes Section 179 a true "small business tax incentive".


Contact a RobotWorx sales associate at 740-251-4312 for more information.