Please select a Shopping List
Section 179 2018 Tax Deduction

Let Uncle Sam Help Pay for Your New Equipment with a Section 179 Tax Deduction!

If you’ve never heard of a Section 179 tax deduction, we have some GREAT news for you! When you buy the new equipment you need today and start using it by 12/31/20, you can save money at tax time!*

 

The IRS allows businesses to expense 100% of the purchase price (up to $1,000,000) of new equipment purchased, financed, or leased in the current tax year. It’s a special incentive that encourages businesses to invest in themselves and grow.

 

Want to maximize the benefits? Combining your tax deduction with a properly structured finance agreement with Marlin Capital might be the most profitable decision you make all year! PLUS—you can save big at tax time and keep your cash in the bank!


APPLY NOW

Button takes you to Marlin Capital Solutions

*talk to your tax preparer

HERE'S HOW THE TAX SAVINGS WORK:

With Section 179 Deduction
Without Section 179 Deduction
Equipment Purchase Price
$20,000
$20,000
Write-Off for First Year
$20,000
$4,000
First Year of Tax Savings (21% Assumed Tax Rate)
($4,200)
($840)
Cost of Equipment with Tax Savings
$15,800
$19,160

THE EQUIPMENT YOU WANT PLUS THE SAVINGS YOU NEED! 

No matter what equipment you need to build your business, you can finance it with Jon-Don! Truck mounts, dehumidifiers, air movers, portables, floor grinders, and so much more qualify for financing AND the Section 179 deduction!

Section 179 Tax Deduction Details

 

Let Uncle Sam Help Pay for Your New Equipment with a Section 179 Tax Deduction!

If you’ve never heard of a Section 179 tax deduction, we have some GREAT news for you! When you buy the new equipment you need today and start using it by 12/31/20, you can save money at tax time!*

 

The IRS allows businesses to expense 100% of the purchase price (up to $1,040,000) of new equipment purchased, financed, or leased in the current tax year. It’s a special incentive that encourages businesses to invest in themselves and grow.

 

Want to maximize the benefits? Combining your tax deduction with a properly structured finance agreement with Marlin Capital might be the most profitable decision you make all year! PLUS—you can save big at tax time and keep your cash in the bank!


APPLY NOW

Button takes you to Marlin Capital Solutions

*talk to your tax preparer

HERE'S HOW THE TAX SAVINGS WORK:

 
With Section 179 Deduction
Without Section 179 Deduction
Equipment Purchase Price
$20,000
$20,000
Write-Off for First Year
$20,000
$4,000
First Year of Tax Savings (21% Assumed Tax Rate)
($4,200)
($840)
Cost of Equipment with Tax Savings
$15,800
$19,160

 

THE EQUIPMENT YOU WANT PLUS THE SAVINGS YOU NEED! 

 

No matter what equipment you need to build your business, you can finance it with Jon-Don! Truck mounts, dehumidifiers, air movers, portables, floor grinders, and so much more qualify for financing AND the Section 179 deduction!

 

 

Section 179 Tax Deduction Details

Buy Equipment Now - Save at Tax Time Later!

THIS MAY BE THE SMARTEST FINANCIAL DECISION YOU MAKE ALL YEAR!

 

Here’s the secret weapon that smart business owners have used for years to fund equipment investments in their business—a section of the tax code called “Section 179.”

 

Section 179 allows businesses to expense 100% of the purchase price (up to $1,080,000) of new equipment purchased, financed, or leased in the current tax year. In a nutshell, if you purchase new equipment today and start using it by 12/31/22, you can save money at tax time!*

 

*talk to your tax preparer


APPLY NOW

Button takes you to Marlin Capital Solutions

 

Check out how affordable your new equipment purchase can be:

 
With Section 179 Deduction
Without Section 179 Deduction
Equipment Purchase Price
$20,000
$20,000
Write-Off for First Year
$20,000
$4,000
First Year of Tax Savings (21% Assumed Tax Rate)
($4,200)
($840)
Cost of Equipment with Tax Savings
$15,800
$19,160

 

 Here’s how to maximize your Section 179 benefits:

 

  1. Shop for New Equipment Jon-Don
    With the industry’s largest in-stock selection and our price-match guarantee, we’ve got the equipment you need at a price you’ll love. Plus, every equipment purchase comes with our Warranty Plus Protection for added peace of mind.

  2. Keep Your Cash in the Bank
    YES—financed equipment qualifies! You can deduct the entire purchase price even if you don’t pay the entire purchase amount in 2022.


    Here’s why this is really smart: When you use a properly structured finance agreement to pay for your equipment, it frees up your cash lines to pay for other business expenses (like payroll, chemicals, gas for your vehicle, etc.).

  3. Put Your Equipment into Service by 12/31/22
    It’s not enough to simply buy the equipment—it must be placed into service before 12/31/22 in order to qualify. The COVID-19 pandemic has stressed supply chains around the world, making it more difficult to get the equipment your business needs. When planning your equipment purchases for 2022, be sure to consider supply chain issues and delivery times when making your purchase.

  4. Save at Tax Time!
    Talk to your tax preparer about how you can use the Section 179 deduction when filing your business taxes.