PawnMaster Blog

Section 179

What is Section 179?

 

“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 or software, you can deduct the FULL PURCHASE PRICE from your gross income. It's an incentive created by the U.S. government to encourage businesses to buy equipment and invest in themselves.”(1)

Posted on 30 Oct 2015

Tax Relief with PawnMaster Software & Hardware!!!

We know every dollar saved when running a business is critical in any economy. Below is information on how your PawnMaster pawn management software and hardware purchases from PawnMaster can be used as tax credit for 2012. Please be sure to share this information with your Accountant.

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