section 179 - quickspark financial · 2019-07-10 · section 179 tax deduction how you could...

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SECTION 179 TAX DEDUCTION HOW YOU COULD POSSIBLY SAVE $ 1 , 000 ’S IN TAXES THIS YEAR! HOW IT WORKS The government created a tax code called Section 179 . If you qualify, YOUR business will be allowed to write ofull equipment costs in the year you buy it, rather than writing it oover several years. Equipment Cost: $ 10 , 000 Section 179 Deduction $ 10 , 000 Cash Savings $3 , 500 ( 35 % Tax Bracket) Lowered Cost Of Equipment $6 , 500 (after Tax Savings) THE BENEFITS The THOUSANDS you could save in taxes will allow you to have extra cash in hand needed to reinvest in your business, which allows you to aord t o finance equipment! SECTION 179 For informational purposes only. Please consult professional advisors before making any tax, legal, financial planning or investment decisions. P: 1.800.770.8107 QUICKSPARK.COM

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Page 1: SECTION 179 - QuickSpark Financial · 2019-07-10 · SECTION 179 TAX DEDUCTION HOW YOU COULD POSSIBLY SAVE $1,000’S IN TAXES THIS YEAR! HOW IT WORKS The government created a tax

SECTION 179 TAX DEDUCTION

HOW YOU COULD POSSIBLY SAVE $1,000’S IN TAXES THIS YEAR!

HOW IT WORKS

The government created a tax code called Section 179. If you qualify, YOUR business will be allowed to write off full equipment costs in the year you buy it, rather than writing it off over several years.

Equipment Cost: $10,000

Section 179 Deduction $10,000

Cash Savings $3,500(35% Tax Bracket)

Lowered Cost Of Equipment $6,500(after Tax Savings)

THE BENEFITS

The THOUSANDS you could save in taxes will allow you to have extra cash in hand needed to reinvest in your business, which allows you to afford to finance equipment!

SECTION 179

For informational purposes only. Please consult professional advisors before making any tax, legal, financial planning or investment decisions.

P: 1.800.770.8107QUICKSPARK.COM