Whether you're expanding your capabilities, upgrading old machines, or planning for future projects, Section 179 lets you deduct the full purchase price of qualifying equipment—such as printers—this tax year. This tax break can cut down your tax bill, improve cash flow, and provide financial flexibility to support your shop’s growth.
Arcus Printers offers insights on how Section 179 can help decorating shops like yours offset the cost of high-quality, professional-grade printing equipment.
What is Section 179?
Section 179 is a provision in the U.S. tax code that allows businesses to deduct the full cost of qualifying equipment, like printers, in the year it’s put into service. Unlike traditional depreciation, which spreads deductions over multiple years, Section 179 allows a full deduction immediately. For decorating shops, this means reduced taxable income in the current year, translating to immediate tax savings.
Why Section 179 is Ideal for Printer Purchases
Purchasing industrial-grade printing equipment can be a significant investment, but Section 179 makes it more affordable. Here are a few ways this tax benefit helps businesses looking to buy printers:
- Immediate Tax Savings: Section 179 enables you to reduce your tax bill by deducting the full purchase price right away. This can be a huge help to shops looking to upgrade without waiting years to see financial benefits.
- Enhanced Cash Flow: By saving on taxes, you can reinvest those funds into other areas of your business, whether that’s purchasing additional materials, investing in marketing, or growing your team.
- Affordable Business Growth: With Section 179, investing in top-tier equipment like printers becomes more feasible. The immediate deduction means that upgrading your equipment doesn’t strain your budget as much, and you get access to the tools needed to improve productivity and expand your services.
There’s Still Time to Use Section 179 This Year!
To take advantage of Section 179, you’ll need to make qualifying purchases by December 31, 2024. Many businesses make end-of-year purchases to maximize their tax benefits and ensure they’re making the most of their budget. If you’re considering an investment in a new printer, now is the perfect time to explore your options.
Qualifying Printers at Arcus Printers
Arcus Printers offers a range of professional-grade printers that qualify under Section 179. Each option is designed to meet the unique demands of decorating shops:
- DTF (Direct-to-Film) Printers
- UV DTF Printers
- Wide-Format Printers
- Sublimation Printers
- DTG (Direct-to-Garment) Printers
With these options, Arcus Printers provides the tools your shop needs to produce high-quality results and stay competitive.
How to Get Started with Section 179
To maximize your tax savings and ensure you’re eligible for Section 179, consider these steps:
1. Consult Your Accountant: Speak with your tax professional to understand exactly how Section 179 can apply to your business and specific equipment purchases.
2. Explore Arcus Printers’ Selection: Visit Arcus Printers to view qualifying printer models and choose the equipment that best fits your shop’s needs.
3. Make Your Purchase by December 31: Purchasing before the end of the year ensures you can deduct the cost on your 2024 taxes.
Section 179 offers a unique opportunity to save on essential equipment and grow your business. Visit Arcus Printers to find the right printer for your shop and take advantage of this valuable tax benefit.
