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Save Money Using Government Tax Incentives!
TAX DEDUCTIBLE OFFICE FURNITURE PURCHASES
WHAT IS IRS SECTION 179?
Section 179 of the IRS tax code was designed to encourage businesses to invest in themselves. The section allows businesses to deduct the full purchase price of qualifying office furniture purchased or financed during this tax year. Section 179 is one of the few government incentives available to small businesses - don’t miss out!
THE 2019 DEDUCTION LIMIT FOR IRS SECTION 179 IS $1,000,000
The deduction limit for 2019 has been set at $1,000,000 and is good on new and used office furniture. This allows small businesses to write off any qualifying furniture purchase price during the year they buy it, which can make a huge difference for a small business. You can use this to purchase needed furniture right now instead of waiting.