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The Datamax Thinking Blog

Educating, collaborating, and sparking ideas for maximizing the technology that matters.


Section 179: Act Fast on This Technology Acquisition Incentive

Almost all types of “business equipment” new or used that your company buys or finances will qualify for the Section 179 Deduction.

A huge technology procurement incentive still exists for businesses looking for ways to become more efficient and lease or purchase new business equipment.

But the clock is ticking.

Topics: Printing Office Equipment IT Consulting LeaseCare Technology Procurement

Section 179 Deduction Presents Office Technology Opportunity for SMBs

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.

As organizations continue to wrestle with workflow challenges and seek ways to expedite routine business processes through technology, Section 179 presents a unique procurement opportunity.

Topics: Multifunction Copier Digital Copiers Productivity Tips and Tools Technology Procurement