Did you know that if you buy or lease our construction equipment before the end of 2018, you can deduct the full purchase price from your gross 2018 income? It’s an incentive created by the U.S. government to encourage businesses to buy equipment and invest in themselves!
The limit on equipment purchases likewise has increased to $2.5 million. Further, the bonus depreciation is 100% and is made retroactive to 9/27/2017 and good through 2022. *Check with your accountant for details.