XPS Blog - Understanding the Section 179 Tax Deduction for Qualifying Equipment

Understanding the Section 179 Tax Deduction for Qualifying Equipment

When you make a decision to purchase or finance a property, like for example a piece of qualifying equipment, you can get tax deductions for buying and using those pieces of equipment, which can also be referred to as depreciation. Depreciation simply means a reduction in the value of an asset (like equipment) within a period of time it is being used.



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The professionals at Xtreme Polishing Systems understand that each individual concrete surface must be treated differently based on the slab’s current condition, and it’s very common for unforeseen complications to occur after hours while still on the job site. Our clients deserve immediate access to expert tips and customer support that may be useful for various reasons which may occur in this ever-changing industry.

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