Monthly investment calculator
(For Vendors and equipment resellers)
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Monthly investment calculator
(For Vendors and equipment resellers)
Quotes are estimate
and subject to full credit approval. They assume an
established
business with
good credit. This is a net lease. All UCC and documentation fees, cost of operating, maintaining and
insuring the equipment, and all applicable taxes shall be paid by the lessee. Personal guaranties
may be required
* Above formats assume 1 month of payment up front. $0 down options may be
available. Other flexible balloon options are available on request.
| Calculated Term (In Months) | |||
|---|---|---|---|
| 24 | 36 | 48 | 60 |
Section 179 of the IRS tax code gives businesses the opportunity to deduct the FULL purchase price of qualifying new and used equipment, and software placed into service during the tax year they were purchased or financed. This tax break encourages small businesses to invest in themselves and to purchase equipment sooner rather than later.
There are some limits, however, to the amount that can be written off. ($1,000,000 in 2019) The Section 179 deductions decrease dollar for dollar on purchases over $2.5 million. After the Section 179 benefits are exhausted; Bonus Depreciation of 100% can be now taken until 2022 on the remaining amount of equipment placed into service. Use this calculator to help determine your Section 179 write off amount and the tax savings it might generate for you.
| Potential Section 179 Tax Deductions | |||
|---|---|---|---|
| Equipment cost | |||
| Section 179 deductions based on | |||
| Indicative tax advantage | |||
| Equipment cost after-tax savings | |||
| Percentage discount due to tax savings | |||
**The numbers above are indicative results and are to be confirmed by a tax professional. This is not tax advise but an indication of savings by small businesses that benefit from Section 179
**Click to adjust term of Section 179 tax benefit amortization
