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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