Did you know that your company can lease equipment and still take full advantage of the Section 179 deduction? In fact, leasing equipment and/or software with the Section 179 deduction is a preferred financial strategy for many reprographics firms, as it can significantly help with not only cash flow, but with profits as well.
Camille Vieux, an APDSP board member who works for Commercial Capital, will lead a webinar on how to maximize the benefits of leasing equipment on Tuesday, November 13 at 10 a.m. Central time.
Vieux will explain how to use the Section 179 deduction to deduct the full price of your qualifying lease from your gross income. For example, if you lease a $50,000 printer, you may be able to deduct $50,000 from your gross income this year. If you’re in the 35 percent tax bracket, that means you’ll save $17,500.
Learn about this and other key leasing strategies by registering for the webinar by clicking here.
These valuable webinars are available for APDSP members at no charge. If you're not yet a member, please click here for information about becoming a member.