Take Advantage of the Section 179 Federal Tax Deduction
If you are considering a Summa equipment purchase in the near term, now is a great time to benefit from the Section 179 Federal Tax Deduction, which can significantly lower your business's tax liability for the current year.
Section 179 Key Takeaways
- Section 179 of the IRC allows businesses to take an immediate deduction for business expenses related to depreciable assets such as equipment, vehicles, and software.
- This allows businesses to lower their current-year tax liability rather than capitalizing an asset and depreciating it over time in future tax years.
- Section 179 is limited to a maximum deduction of $1,080,000 and a value of property purchased to $2,700,000 for the year 2022.
Get a FREE Upgrade on a Summa S2 Cutter
Our Year End Sales Event starts today and we are bringing back one of our most popular deals of the year, the Summa S2 T for a D Promo, exclusively through AirMark! When you purchase a Summa S2 D Series Drag-Knife Vinyl Cutter, you'll receive a FREE upgrade to the higher-performing S2 T Series Tangential Vinyl Cutter.
Get 2.9% APR Finacing on Summa Flatbed Cutters - Units are In Stock and Ready to Ship
Right now, you can get 2.9% APR financing on Summa Flatbed Cutters. We have Summa F1612 flatbed cutters in stock and ready to ship today from our Seattle warehouse. And now could be a great time to consider adding one to your operation, especially when utilizing the Section 179 Tax Deduction.
Give us a call today to talk over our special pricing and financing promos for these units. We can learn more about your business and discuss current inventory and financing options.