FINANCIAL AID

Section 179 Deduction & Qualified Leasing

The Section 179 deduction for 2025 is $1,250,000 dollars. This means U.S. companies can deduct the full price of qualified equipment purchases, up to $1,250,000, with a “total equipment purchase” limit of $3,130,000. In addition, businesses can take advantage of 60% bonus depreciation on both new and used equipment for the entirety of 2025. For most small businesses, the entire cost of qualifying equipment can be written off on the 2024 tax return (up to $1,250,000).

Limits of Section 179

Section 179 does come with limits – there are caps to the total amount written off ($1,250,000 for 2025), and limits to the total amount of the equipment purchased ($3,130,000). The deduction begins to phase out on a dollar-for-dollar basis after $3,130,000 is spent by a given business (thus, the entire deduction goes away once $$4,380,000 in purchases is reached), so this makes it a true small and medium-sized business deduction.

Section 179 Qualified Financing and Leasing

Section179.org encourages the use of Section 179 Qualified Financing for all business equipment purchases. The advantage to leasing or financing equipment and then taking the Section 179 Deduction is the fact that you can deduct the full amount of the equipment, without paying the full amount this year. The amount you save in taxes may exceed the payments, making this a very bottom-line friendly deduction. 
Unifiller + Section 179 Deduction offers Further Savings

Additional Resources