Section 179 Ebook (PRWEB) February 05, 2013
Direct Capital, a leading nationwide provider of equipment leasing, loans, and working capital to main street businesses, has released a new guide to help business owners understand the 2013 changes to the Section 179 tax deduction for equipment purchases.
The guide answers several key questions that most business owners have regarding Section 179 deductions, including:
- What is Section 179 and why is it important?
- What qualifies for Section 179?
- Is the Section 179 deduction automatic?
- How much can I write-off?
- What is the maximum deduction allowable?
- When can I take advantage of Section 179 deductions?
- How do I determine my deduction?
- Is it better to purchase or lease to take advantage of Section 179?
Direct Capital points out that the limits for the Section 179 deduction have increased substantially in 2013 – up to $500,000 for qualified equipment. The informational packet also includes a Section 179 calculator to identify the total savings on your own equipment deduction. Types of equipment that qualify for Section 179 deductions include capital equipment, business vehicles, computers, software, furniture, office equipment, and more.
To download the new Section 179 guide, visit https://www.directcapital.com/promo/1442/
About Direct Capital
Established in 1993, Direct Capital provides financing for small- to mid-ticket equipment and technology purchases, working capital, and business loans. The company is headquartered in Portsmouth, N.H. and operates offices in New York, California, and Georgia. You can follow Direct Capital on Twitter at http://twitter.com/DirectCapital or subscribe to its PointBlank blog at http://blog.directcapital.com/.