Section 179 Bonus Depreciation

You may be familiar with bonus depreciation for Section 179 property. Under current law, 100% bonus depreciation will be phased out in steps for property placed in service in calendar years 2023-2027. Simply put, unless the IRS changes this law, 2022 will be the last year you can claim 100% depreciation for an equipment purchase that is put into service by December 31, 2022.

Talk to a Sales Rep