Keep up with us!
Looking for news or details about upcoming events at Nutmeg Truck Centers? Look no further!
It is with heavy hearts we announce the passing of our company founder,
It’s that time of year again: THE SECTION 179 DEDUCTION. Make sure you maximize your deductions.
“Essentially, Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. That means that if you buy (or lease) a piece of qualifying equipment, you can deduct the FULL PURCHASE PRICE from your gross income. It’s an incentive created by the U.S. government to encourage businesses to buy equipment and invest in themselves.”
Read more at section179.org