Do You Qualify for the Section 179 Write Off?
Act Now! Take advantage of the Section 179 Stimulus today!
Thanks to IRS Section 179 guidelines of the Federal Tax code, many businesses (large or small) investing in new equipment may be eligible to write-off up to $500,000 worth of these purchases on their 2016 IRS tax returns.
Any catches? In order to take advantage of this deduction, the qualifying equipment must be purchased and placed into service between January 1, 2017 and December 31, 2017.
Want a further explanation how the Section 179 stimulus works and to see if you qualify? Click here. You can also contact your account manager at 651.452.8452 or visit us at John Henry Foster, 3103 Mike Collins Drive, Eagan, MN 55121.
As a leading provider of premium quality compressed air and automation solutions since 1938, John Henry Foster delivers customized automation products and design-to-build solutions to clients in Minnesota, Wisconsin, North Dakota, South Dakota and northern Iowa. Our talented and innovative employees serve customers in virtually every industry that utilizes motion control technology and power generation.