179 Tax deduction

Are you taken advantage of section 179 tax deduction?  The IRS allows businesses to deduct the full purchase price of qualifying equipment purchased or financed. Simply put, it allows you to deduct the Full Purchase Price (up to $1MM for 20018)  from your gross income!  No longer have to depreciate it over 5 or more years, and you qualify if you use it more than 50% for business. Simple example, assuming a 35% tax bracket, you purchase $1,150,000 machinery, 2018 max write off $1MM, PLUS 100% first year depreciation $150,000, (total first year depreciation $1,150,000). Cash savings $402,500! ($1,150,000 X 35%)  Equipment cost after tax $747,500!  ($1,150,000 - $402,500).  If you been putting off purchasing equipment for your business, we have the capital you need.  Simply contact: Michael@MerchantBankingResources.com  #nationwide #funding  #commercial #businessloans  #integrity #grow your #money