HOW MUCH CAN I SAVE?
FINANCING EQUIPMENT COULD SAVE YOU THOUSANDS ON YOUR TAXES
The Section 179 tax deduction enables businesses to immediately write off up to $2,560,000 in qualifying equipment purchases—rather than depreciating them over many years.
✓ Section 179 deduction limit: Increased to $2,560,000
✓ Bonus depreciation: Increased to 100% with a spending cap of $4,090,000
✓ Qualification deadline: Equipment must be financed and placed into service between January 1 and December 31, 2026
✓ Bonus depreciation: Increased to 100% with a spending cap of $4,090,000
✓ Qualification deadline: Equipment must be financed and placed into service between January 1 and December 31, 2026
Like the potential income tax savings you see? Apply today.
Get Your Full Tax Deduction Year One!
The Differences Between Section 179 and Standard Depreciation:
- The Section 179 Tax Break: Write off 100% of the equipment on your 2026 return for one large tax deduction.
- Standard Depreciation: Tax deductions a spread out into smaller amounts over several years.
Finance equipment to accelerate your savings and your business!
FINANCE EQUIPMENT BY 12/31/2026 TO QUALIFY FOR SECTION 179 TAX SAVINGS
3 EASY STEPS
1. Contact First Financial.
We will walk you through the financing process!
2. Secure Financing Approval.
Accept your financing approval and place your equipment into service within this year.
3. Claim the Full Deduction
Work with your CPA to claim the Section 179 tax deduction on your 2026 tax return.
If the Equipment Is “New to You,” You Can Deduct It From Your Taxes.
It doesn’t matter if the equipment is second-hand. Both new and used equipment acquired in the same calendar year is considered for the Section 179 deduction.
Calculate your potential Section 179 deduction now. You could save thousands.
Talk to an Experienced Financing Consultant
SHORT PHONE CALL
Get answers about tax deductions for equipment financing by talking with a financing expert. Call us today at 866-634-7786 or schedule a callback at a time that’s best for you. Get answers on:
- Find out if the equipment you want is eligible for the Section 179 tax deduction.
- Benefits of using Section 179 for your business.
- How to acquire qualified equipment fast with financing.
Frequently Asked Questions About The Section 179 Tax Deduction
What is the difference between Section 179 and Bonus Depreciation?
Bonus Depreciation is used in addition to the Section 179 deduction for businesses that purchase or lease equipment valued over the Section 179 cap. Generally, the Section 179 deduction is taken first and then the Bonus Depreciation is applied.
How to claim Section 179 deduction?
To claim a Section 179 deduction, use IRS Form 4562, Depreciation and Amortization form. For more information, visit IRS.gov.
What is the deadline for using Section 179 in 2026?
To take advantage of Section 179 tax deduction for this year, you have until December 31st, 2026 to purchase equipment.
Does used equipment qualify for Section 179?
You can apply the Section 179 deduction to either new or used equipment, with some restrictions.
What kind of equipment qualifies under Section 179?
With Section 179, you can finance qualifying new or used equipment. Keep in mind the equipment must be used for business more than 50% of the time.
What is Section 179?
The Section 179 tax deduction allows a business to deduct all or part of the purchase price of certain qualifying equipment that is acquired during the tax year.
