What is Section 179 deduction? Instead of waiting several years for equipment depreciation, you can deduct the cost of Yale lift truck purchases up to $1,040,000 in 2020. Plus, you can enjoy 100% Bonus Depreciation!*
Let us help you take advantage of these tax benefits. As your authorized Yale dealer, we’re here to offer the resources you need to save money.
Section 179 Deduction
Allows you to deduct the cost of qualifying equipment up to $1,040,000, rather than depreciating the cost over a period of several years. The maximum dollar amount of equipment you can purchase in any calendar year is $2,590,000 before the deduction is reduced dollar for dollar.
A 100% Bonus Depreciation can be taken on new and used equipment purchases, in addition to the Section 179 deduction.
Please chat/text us at+1 (855) 962-1755, complete the formor visit one of our locations to learn more about Section 179 and for more information about our products and services.