If you think now is the right time for your business to take advantage of these programs, fill out the form below to learn about specific new and used JLG equipment available for delivery by the end of 2023.
To apply the deduction for the 2023 tax year, equipment must be financed, leased or purchased between January 1, 2023 and December 31, 2023. The eligible equipment must also be put into service (delivered to your company and ready to work) before midnight on December 31, 2023 to be eligible.
Want to learn more about Section 179 before you decide? Then head on over to Direct Access, our access industry resource center, if you’d like to read some FAQs about Section 179 and bonus depreciation.
There’s a lot to consider to determine if your business would benefit from a Section 179 and/or a bonus depreciation deduction. Before making a final decision, be sure to check with a local accountant or tax consultant to determine if it’s in your best interest to utilize either incentive.
*Source: https://www.section179.org
The information on this page should not be construed as tax advice or as a promise of potential tax savings or reduced tax liability. Please contact your own accounting or tax consultant/attorney to see how Section 179 and bonus depreciation would apply to your individual business.
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