Home   News   Great Tax News for Plant Equipment Purchases

A new tax benefit has been signed into law which could have significant benefits for your company, especially if you have been delaying investments in upgrading your equipment and software systems.

Section 179 can provide you with significant tax relief for the 2016 tax year for purchases of new equipment and software. The bill has expanded the Section 179 deduction limit to $500,000. Until further notice, Section 179 is permanent at the $500,000 level.

So if you have been hesitant to investment in new plant equipment and software, there is no better time that now to move forward with Softrol systems that can improve your plant efficiency and productivity.

For more information on Section 179, click here http://www.section179.org/